India, April 7 -- Ahead of the long break for Eid-ul-Fitr, the Indonesia stock market had moved higher in three straight sessions, advancing almost 350 points or 5 percent along the way. The Jakarta Composite Index now sits just above the 6,510-point plateau, although it's expected to open sharply lower on Tuesday as it catches up on missed sentiment.
The global forecast for the Asian markets suggests bargain hunting after a couple of sessions of extremely heavy losses, The European markets were sharply lower and the U.S. bourses were mixed but the Asian markets are due to tick higher - except Indonesia..
The JCI finished modestly higher on March 27 following gains from the financial and food shares and mixed performances from the resourc...