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Indonesia Bourse May Build On Record Close

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

The Indonesia stock market has tracked higher in four straight sessions, accelerating more than 320 points or 3.7 percent along the way. Now at a record closing high, the Jakarta Composite Index sits just shy of the 8,860-point plateau and it's expected to add to its winnings again on Tuesday.

The global forecast for the Asian markets is positive, with oil companies expected to lead the way - although profit-taking may creep in late in the day. The European and U.S. markets were up and the Asian bourses figure to at least open in similar fashion.

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Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.