Indonesia's Stock Exchange Closes Higher Amidst Await of 2019 Presidential Election Dispute Verdict

The Jakarta Composite Index (JCI) closed up 0.67% to 6,352.71 on Thursday (June 27th). The positive JCI performance was in line with other major Asian stock market indices, which also closed higher.

The JCI opened at 6,324.69 points and reached an intraday high of 6,357.93 points. The lowest level for the JCI during today's trading was 6,320.09 points.

Over the past week, the JCI's movement has been dynamic. From June 20th to 26th, 2019, the JCI consecutively fell into the red. It then strengthened on Tuesday (May 25th), but fell again on Wednesday (May 26th). *(Note: There's a date discrepancy here; May 25th and 26th are mentioned instead of June 25th and 26th.)*

Market players are awaiting the Constitutional Court's (MK) decision on the 2019 Presidential election dispute. Furthermore, JCI movements are also influenced by global sentiment, with the United States (US) and China expected to reach a trade agreement after President Trump and Xi Jinping meet at the G-20 summit this weekend.

(Read Databoks: [IHSG Opens Higher Ahead of MK Decision](https://databoks.katadata.co.id/datapublish/2019/06/27/ihsg-dibuka-menguat-jelang-putusan-mk))