India, June 18 -- The Indonesia stock market turned lower again on Wednesday, one day after ending the four-day losing streak in which it had dropped more than 110 points or 1.6 percent. The Jakarta Composite Index now sits just beneath the 7,110-point plateau and it's likely to see little movement on Thursday.
The global forecast for the Asian markets is murky, as investors wait to see if there's any slowdown in the Iran/Israel conflict. The European and U.S. markets were mixed and little changed and the Asian markets figure to follow that lead.
The JCI finished modestly lower on Wednesday following losses from the food and financial shares and mixed performances from the cement and resource companies.
For the day, the index sank 48.06 ...