The Indonesia stock market has tracked higher in three straight sessions, advancing more than 480 points or 5.4 percent along the way. The Jakarta Composite Index now sits just shy of the 7,460-point plateau although it may run out of steam on Monday.
The global forecast for the Asian markets is soft thanks to renewed tensions in the Middle East. The European and U.S. markets were mixed to lower and the Asian bourses are also expected to open under pressure.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.