India, Aug. 3 -- The Indonesia stock market on Friday halted the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just shy of the 7,540-point plateau although it's likely to head south again on Monday.
The global forecast for the Asian markets is broadly negative on new U.S. tariffs, plus an extremely weak American jobs report. The European and U.S. markets were sharply lower and the Asian bourses figure to follow that lead.
The JCI finished modestly higher on Friday following telecom, cement and resource companies, while the financial shares were mixed.
For the day, the index gained 53.43 points or 0.71 percent to finish at 7,527.77 after trading between 7,523.62 and 7,579.61....