Business · Markets · 20 hrs ago

Indonesia’s Main Stock Index Falls Below 5,000

Indonesia’s Main Stock Index Falls Below 5,000

Indonesia’s main stock index fell about 2% on Friday morning, dropping below the 5,000 mark.

The Jakarta Composite Index tracks shares traded on the Indonesia Stock Exchange in Jakarta.

It opened at 5,066, then fell during the morning session.

The two accounts put its level at 4,990 and 4,993, while one recorded a low of 4,979.

Most shares were down, with 609 declining and fewer than 80 rising in both accounts.

Foreign investors recorded net selling of Rp1.08 trillion across the market, according to one account.

The index’s movements give a broad indication of how shares listed in Indonesia are performing.

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