Indonesian stock market rises for the ninth consecutive day

格隆汇 July 21｜US Treasury bonds weakened overnight, combined with traders awaiting the results of Tuesday evening's government bond auction; Indonesia's benchmark government bond yields rose to a near two-week high. The stock market closed higher for the ninth consecutive trading day, reaching its highest level in a month. Indonesia's 10-year government bond yield increased by 2 basis points to 7.27%. Data from Indonesia's Ministry of Finance shows that overseas funds reported net sales of Indonesian bonds worth $133.2 million on July 17. The Jakarta Composite Index rose 1.2% to 6306.283 points; the index achieved nine consecutive gains, marking its longest streak of continuous increases since July 2025.