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Indonesia Stock Market May Take Further Damage On Tuesday

Apr 20, 2021 - Nasdaq

(RTTNews) - The Indonesia stock market on Monday ended the three-day winning streak in which it had advanced more than 155 points or 2.6 percent. The Jakarta Composite Index now sits just above the 6,050-point plateau and it may extend its losses on Tuesday.

The global forecast for the Asian markets suggest consolidation, with investors expected to use a lack of catalysts as a reason to lock in gains following recent strength. The European and U.S. markets were down and the Asian bourses a...