India, July 17 -- The Indonesia stock market has moved higher in nine straight sessions, gathering more than 415 points or 6 percent along the way. The Jakarta Composite Index now sits just beneath the 7,290-point plateau and it's tipped to open in the green again on Friday.
The global forecast for the Asian markets is positive, with oil, technology and financial shares likely to lead the way higher. The European and U.S. markets were up and the Asian markets figure to follow that lead.
The JCI finished sharply higher again on Thursday following gains from the telecoms, mixed performances from the financials and resource stocks and weakness from the cement companies.
For the day, the index spiked 95.00 points or 1.32 percent to finish at...