Indonesia Stocks Expected To Open Lower : The Indonesian stock market has finished lower now in back-to-back sessions, plummeting nearly 100 points or 3 percent en route to a four-month closing low.
The Jakarta Composite Index finished just above the 3,450-point plateau, although now investors are bracing for continued softness when the market kicks off trade on Friday.The global forecast for the Asian markets suggests softness thanks to mixed quarterly results and economic data, plus renewed concerns over further tightening measures expected from China.
Technology companies are expected to see selling pressure, as are the gold, oil and steel stocks.
The European and U.S. markets finished firmly in the red, and the Asian markets are expected to follow suit.The JCI finished sharply lower on Thursday, with broadly
The Jakarta Composite Index finished just above the 3,450-point plateau, although now investors are bracing for continued softness when the market kicks off trade on Friday.The global forecast for the Asian markets suggests softness thanks to mixed quarterly results and economic data, plus renewed concerns over further tightening measures expected from China.
Technology companies are expected to see selling pressure, as are the gold, oil and steel stocks.
The European and U.S. markets finished firmly in the red, and the Asian markets are expected to follow suit.The JCI finished sharply lower on Thursday, with broadly
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