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Indonesia Shares Tipped To Head South Again On Wednesday

May 05, 2021 - Nasdaq

(RTTNews) - The Indonesia stock market on Tuesday halted the two-day slide in which it had fallen more than 60 points or 1 percent. The Jakarta Composite Index now sits just above the 5,960-point plateau although it's expected to see renewed selling pressure on Wednesday.

The global forecast for the Asian markets is soft, with technology stocks and airlines expected to lead the way lower. The European markets were down and the U.S. bourses were mostly negative and the Asian markets are als...