IHSG Drops 1.62% Friday, Oil Prices Hit 8-Month High | CNBC Indonesia

IHSG Drops 1.62% Friday, Oil Prices Hit 8-Month High | CNBC Indonesia

Jakarta, Indonesia – Indonesian shares closed lower on Friday, with the Jakarta Composite Index (IHSG) falling 1.62% to 7,585.69, despite a late-session recovery. The decline followed earlier sharp drops triggered by selling pressure on stocks linked to Indonesian businessman Prajogo Pangestu. The IHSG experienced significant intraday volatility, fluctuating between 7,500.09 and 7,700.32. A total of … Read more