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Indonesian Stocks Near Bull Market as Economic Worries Recede

Bloomberg Markets Monday 10 August 2026, 03:46 UTC By Prima Wirayani 1 min read
Key Points

Indonesian Stocks Near Bull Market as Economic Worries Recede Indonesian stocks advanced, putting the benchmark index once again near bull-market territory, as investor sentiment was buoyed by signs of a resilient economy and easing concerns over potential market downgrades. The Jakarta Composite Index climbed as much as 0.8% on Monday, taking gains from a low in early June to 20%. Shares of PT Bank Central Asia and PT Merdeka Copper Gold provided the biggest boost to the index.

Indonesian Stocks Near Bull Market as Economic Worries Recede Indonesian stocks advanced, putting the benchmark index once again near bull-market territory, as investor sentiment was buoyed by signs of a resilient economy and easing concerns over potential market downgrades. The Jakarta Composite Index climbed as much as 0.8% on Monday, taking gains from a low in early June to 20%. Shares of PT Bank Central Asia and PT Merdeka Copper Gold provided the biggest boost to the index. The gauge had flirted with the milestone once last month.
Indonesian (ORG) PT Bank Central Asia (ORG) PT Merdeka Copper Gold (ORG)
Originally published by Bloomberg Markets Read original →

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