India, Feb. 27 -- The Indonesia stock market turned lower again on Thursday, one day after ending the two-day losing streak in which it had stumbled more than 215 points or 3.2 percent. The Jakarta Composite Index now sits just above the 6,485-point plateau and it's tipped to open in the red on Friday.
The global forecast for the Asian markets is negative on continuing concerns over U.S. tariffs. The European and U.S. markets finished under water and the Asian markets are expected to open in similar fashion.
The JCI finished sharply lower on Thursday following losses from the financial shares, telecoms, cement stocks and resource companies.
For the day, the index plunged 120.73 points or 1.83 percent to finish at 6,485.45 after trading b...