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Asian Market Updates

Indonesia Shares Tipped To Open In The Red On Monday

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

The Indonesia stock market has moved lower in two straight sessions, retreating more than 200 points or 2.9 percent along the way. The Jakarta Composite Index now sits just beneath the 7,100-point plateau and it's got another weak lead for Monday's trade.

The global forecast for the Asian markets continues to be negative thanks to the conflict in the Middle East and the resulting surge in oil prices. The European and U.S. markets were down and the Asian bourses are expected to open in similar fashion.

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