Indonesian Stocks Decline Amid AI Concerns and Rising Oil Prices, Eyeing 4650-4750
The Indonesian Composite Stock Price Index (IHSG) closed down 3.78% at 4,904.2, influenced by concerns over slowing demand for AI-related semiconductors and rising oil prices. Analysts anticipate a test of the 4,650-4,750 range if the 4,900 support level breaks.
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