The Indonesia stock market has finished higher in two of three trading days since the end of the seven-day losing streak in which it had tumbled more than 550 points or 5.1 percent. The Jakarta Composite Index now rests just above the 6,970-point plateau although it's expected to open in the red on Tuesday.
The global forecast for the Asian markets is negative amidst rising hostilities in the Middle East. The European and U.S. markets were down and the Asian bourses are expected to follow suit.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.