(RTTNews) – The Indonesian inventory market fell back on Monday, a query after breaking a three-day waste streak in which it fell more than 120 points, or 2. 4 percent. it only adds to Tuesday’s losses.
Global forecasts for Asian markets are very negative in the face of emerging coronavirus considerations and the resulting fall in crude oil prices. European and US markets were firmly in red numbers and Asian stock markets are keeping up.
JCI ended with a sharp fall Monday after losses on monetary stocks, resource stocks and cement companies.
For the day, the index fell 59. 86 points, or 1. 18%, to 4,999. 36 after trading between 4,987. 75 and 5,075. 82.
Wall Street’s advantage was weak as stocks opened strongly on Monday and remained in red numbers the day, extending losses to a fourth direct session.
The Dow Jones fell 509. 72 issues or 1. 84% to finish at 27,147. 70, while the NASDAQ sank 14. 48 issues or 0. 13% to close at 10,778. 80 and the S
The sale to Wall Street comes amid considerations about an additional accumulation of coronavirus cases in Europe, with the UK in another blockade.
The death of Supreme Court Justice Ruth Bader Ginsburg can also weigh in markets, as a fight over the appointment of her replacement can lead to further delays in the passage of the coronavirus relief bill.
Crude oil fell dramatically on Monday due to energy outlook considerations in the face of emerging coronavirus cases in Europe. West Texas Intermediate crude oil futures for October lost $1. 80, or 4. 4%, to $39. 31 a barrel.