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The IDX Composite closed 0.39 percent higher on Thursday after better-than-expected US core inflation data and a surprise interest rate cut by Bank Indonesia.
The IDX Composite continued its downward trend on Tuesday, falling by 0.86 percent. Foreign capital outflows put significant pressure on the index.
The IDX Composite index plunged 1.02 percent on Monday amid global concern over the United States Federal Reserve’s rate cuts and continued foreign capital outflows.
The IDX Composite rose 0.34 percent on Friday due to significant foreign inflows as market sentiment improved despite global uncertainties.
The IDX Composite closed slightly higher on Tuesday, up by 0.04 percent. It iswassupported by positive foreign investor sentiment despite mixed sector performances.
The IDX Composite closed lower on Monday amid cautious market sentiment caused by the upcoming United States Federal Reserve’s policy decisions and Donald Trump’s inauguration.
The IDX Composite closed slightly higher on Friday, as the market remained cautious over domestic policy development and global geopolitical tensions.
The Indonesia Stock Exchange (IDX) Composite index closed higher on Thursday, gaining 1.18 percent to end the trading day at 7,163.20.
The IDX Composite index closed 0.41 percent lower on Friday with analysts remaining confident that the index has the potential to rebound despite the recent pullback.
The IDX Composite index rose sharply on Monday, up by 1.61 percent to close at 7,096.44. This marked a strong start to the week as market sentiment improved.