The Indonesia stock market has moved higher in two straight trading days, advancing more than 85 points or 1.1 percent along the way. Now at a fresh record closing high, the Jakarta Composite Index sits just above the 8,125-point plateau although it's due for profit taking on Thursday.
The global forecast for the Asian markets is soft, with technology shares expected to fall under pressure. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to split the difference.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.