India, Feb. 3 -- The Indonesia stock market turned lower again on Monday, one session after snapping 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 7,030-point plateau and it may take further damage on Tuesday.
The global forecast for the Asian markets is negative, thanks to concerns over tariffs and how they affect the outlook for interest rates. The European and U.S. markets were down and the Asian bourses figure to follow that lead.
The JCI finished sharply lower on Monday following losses from the cement, food and telecom sectors, while the financials came in mixed.
For the day, the index dropped 79.14 points or 1.11 percent to finish at 7,...