India, March 17 -- The Indonesia stock market has moved lower in three straight sessions, slumping almost 200 points or 3 percent along the way. The Jakarta Composite Index now sits just above the 6,470-point plateau although it may stop the bleeding on Tuesday.
The global forecast for the Asian markets is positive ahead of the FOMC meeting later this week. The European and U.S. markets moved higher and the Asian markets are expected to follow that lead.
The JCI finished modestly lower on Monday following mixed performances from the financial shares and resource stocks.
For the day, the index slumped 43.68 points or 0.67 percent to finish at 6,471.95 after trading between 6,445.98 and 6,557.41.
Among the actives, Bank CIMB Niaga collect...