JAKARTA, Indonesia (JakartaWeekly.com) – The Indonesia Stock Exchange (IDX) opened in the green on Tuesday, but the gains remain precarious as investors weigh a rare “dovish” signal from the U.S. Federal Reserve against a tinderbox of geopolitical tension in the Middle East. The Jakarta Composite Index (IHSG) rose 0.44 percent to 7,122.99 in early trading, […]
JAKARTA, Indonesia (JakartaWeekly.com) – Despite a brutal sell-off that has wiped out nearly 20 percent of the Jakarta Composite Index (IHSG) this year, Finance Minister Purbaya Yudhi Sadewa remains defiantly bullish on Indonesia’s market outlook. On Monday, as the index slumped by 1.61 percent to close at 7,022.29, Purbaya brushed off investor fears surrounding the […]
JAKARTA, Indonesia (JakartaWeekly.com) – Indonesia’s benchmark stock index is treading water as a perfect storm of soaring energy costs and geopolitical brinkmanship in the Middle East sends ripples through global markets. The Jakarta Composite Index (IHSG) opened with a cautious gain of 0.13 percent to 7,398.85 on Thursday, but analysts warn the uptick is fragile. […]
