India, July 29 -- The Indonesia stock market has moved higher in five straight sessions, advancing more than 260 points or 2.8 percent along the way. The Jakarta Composite Index now sits just above the 7,615-point plateau although investors are likely to cash in on Wednesday.
The global forecast for the Asian markets is flat to lower ahead of the FOMC rate decision scheduled for later today. 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 barely higher on Tuesday following mixed performances from the financial shares, cement companies and resource stocks.
For the day, the index perked 3.14 points or 0.04 percent to finish at 7,617.91 after trading betwee...