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Commentary

Indonesia Bourse May Hand Back Friday's Gains

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

The Indonesia stock market on Friday snapped the two-day slide in which it had given up more than 85 points or 1.2 percent. The Jakarta Composite Index now sits just above the 6,175-point plateau although it may head south again on Monday.

The global forecast for the Asian markets is week after Iran closed down the Strait of Hormuz again over the weekend. The European markets were soft and the U.S. bourses were off and the Asian markets also figure to open in the red.

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Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.