India, Feb. 2 -- The Indonesia stock market on Friday snapped the three-day losing streak in which it had stumbled more than 180 points or 2.6 percent. The Jakarta Composite Index now sits just above the 7,100-point plateau Although it's likely to open under water on Monday.
The global forecast for the Asian markets is soft on concerns over U.S. tariffs that were put in place over the weekend. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.
The JCI finished modestly higher on Friday as gains from the food and financial shares were offset by weakness from the resource stocks.
For the day, the index gained 35.72 points or 0.50 percent to finish at 7,109.20 after trading be...