Jakarta Stocks Gain as Asian Markets Rally Despite Iran War
The Jakarta Composite Index rose 0.5% as Asian markets rallied despite ongoing US-Iran tensions. While motorcycle sales showed a slight rebound in June, retail sales continued to contract, signaling potential pressure on consumer spending.
Why it matters
Provides insight into the resilience of emerging market equities amidst geopolitical instability and domestic inflationary pressures.
July 10, 2026 | 9:15 am SHARE URL berhasil di salin. A trader points at an electronic board displaying market data at the Indonesia Stock Exchange (IDX) in Jakarta on Friday, March 6, 2026. (B-Universe Photo/David Gita Roza) Jakarta. Jakarta Composite Index (JCI) opened 0.5% higher on Friday, buoyed by a broad rally across Asian markets as global financial markets stabilized despite lingering uncertainty over the temporary US-Iran truce.
The article reports financial data and market movements objectively without political commentary.
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