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Market Impact: 0.35

Indonesia Stock Market Has Firm Lead For Thursday

Emerging MarketsMarket Technicals & FlowsInvestor Sentiment & Positioning

Jakarta Composite Index gained almost 280 points, roughly +4%, over two sessions following the weeklong Eid-ul-Fitr break and now trades just above the 7,300 level. The back-to-back gains indicate a short-term risk-on rebound in Indonesian equities after the holiday.

Analysis

Jakarta Composite Index gained almost 280 points, roughly +4%, over two sessions following the weeklong Eid-ul-Fitr break and now trades just above the 7,300 level. The back-to-back gains indicate a short-term risk-on rebound in Indonesian equities after the holiday.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35