The Indonesia stock market has moved lower in consecutive trading days, tumbling almost 300 points or 3.7 percent in that span. The Jakarta Composite Index now sits just beneath the 7,940-point plateau and it's expected to open to the downside on Wednesday.
The global forecast for the Asian markets is negative on continuing concerns over the conflict in the Middle East, although oil stocks are expected to continue to soar. The European and U.S. markets were down and the Asian markets are expected to follow that lead.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.