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Asian Market Commentary

Indonesia Stock Market May Halt Its Slide

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

Ahead of Monday's holiday for Pancasila Day, the Indonesia stock market had moved lower in back-to-back sessions, sinking almost 80 points or 1.3 percent along the way. The Jakarta Composite Index now sits just above the 6,125-point plateau although it's due for support on Tuesday.

The global forecast for the Asian markets suggests mild upside on support from the technology shares. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

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