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Oversold Indonesia Bourse Called Lower Again On Thursday

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

The Indonesia stock market turned emphatically lower again on Wednesday, one session after ending the two-day slide in which it had given up almost 80 points or 1.3 percent. The Jakarta Composite Index now sits just above the 5,940-point plateau and it's expected to open to the downside again on Wednesday.

The global forecast for the Asian markets is negative on rising oil prices and continuing hostilities in the Middle East. The European and U.S. markets were down and the Asian markets figure to follow suit.

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