India, June 2 -- The Indonesia stock market has moved lower in two straight sessions, sinking more than 130 points or 1.9 percent along the way. The Jakarta Composite Index now rests just above the 7,065-point plateau and it may halt its slide on Tuesday.
The global forecast for the Asian markets is cautiously optimistic on optimism over the outlook for interest rates. The European markets were slightly lower and the U.S. bourses were slightly higher and the Asian markets are tipped to follow the latter lead.
The JCI finished sharply lower on Monday following losses from the food, finance and telecom companies, while the resource stocks offered support.
For the day, the index tumbled 110.75 points or 1.54 percent to finish at 7,065.07 af...