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Sunday, 27 July 2025
Investing

Indonesia Shares May Open In The Red On Monday

Indonesia Shares May Open In The Red On Monday

The Jakarta Composite Index now sits above the 6,865-point plateau and is expected to open under pressure on Monday.

Global forecasts for Asian markets are soft thanks to the ongoing tariff concerns. The European markets were below and the US Bork was closed for the July 4 holiday, and the Asian markets were also ready to open in red.

JCI decreased slightly on Friday after cement stocks weakness from cement stocks and mixed performances from financial shares and resource companies on Friday.

For the day, the index ended at 12.86 points or 0.19 percent 6,865.19 after trade between 6,843.69 and 6,916.67.

Among the activists, the bank CIMB Niaga shed 0.60 percent, while the bank Danmon Indonesia fell 0.41 percent, Bank Negara Indonesia collected 0.76 percent, Bank Central Asia added 0.58 percent, bank racket Indonesia 0.27 percent, Indosat Ooedoo Hutchison Sankhed 0.95 percent, IndoCement Sankhed, Indocement Sank. 0.23 percent, Estra International 1.09 percent, Energy Mega Persda gained 1.20 percent, Estra Agro Lestari 0.43 percent, Aneca Tambang increased 3.85 percent, Vale Indonesia increased by 3.19 percent, Timah has upheld 1.45 percent and Bumy resources, bank mandiri and indofuood socks.

There is no lead from Wall Street, but the European stock markets were below amid concerns about the US tariff.

With the time limit of July 9 with the US in a few days, with the deadline of deals, US President Donald Trump has announced that his government will send letters to business partners who outlines unilateral tariffs which will be effective on August 1.

The European Union, which is insisting on an agreement in principle before 9 July, has admitted that a broad deal is unlikely to reach a time limit.

There is also a concern over Trump’s “Big, Beautiful Bill”, which will add at least $ 3.3 trillion to the country already mammoth’s national debt.

Crude oil prices slipped on Friday after reducing geopolitical concerns in the Middle East. The West Texas Intermediate crude for August delivery was terminated at $ 0.51 or 0.76 percent at $ 66.49 per barrel.

The idea and opinion expressed here are the idea and opinion of the author and not necessarily Nasdac, Inc.

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