India, Aug. 10 -- The Indonesia stock market on Friday snapped the two-day slide in which it had slipped more than 25 points or 0.3 percent. The Jakarta Composite Index now sits just above the 7,530-point plateau and it may extend its gains on Monday.
The global forecast for the Asian markets is upbeat, with technology and financial shares likely to lead the way higher. The European markets were mixed and the U.S. bourses were up and the Asian markets are also expected to tick higher on Monday.
The JCI finished modestly higher on Friday despite losses from the financial shares, cement stocks and resource companies.
For the day, the index improved 43.20 points or 0.58 percent to finish at 7,533.38 after trading between 7,516.98 and 7,648....