India, Aug. 24 -- The Indonesia stock market has moved lower in two straight sessions, slipping almost 85 points or 1.1 percent along the way. The Jakarta Composite Index now sits just shy of the 7,860-point plateau although it's likely to stop the bleeding on Monday.
The global forecast for the Asian markets is upbeat on an improved outlook for interest rates. The European and U.S. markets were up and the Asian bourses are expected to follow that lead.
The JCI finished modestly lower on Friday following mixed performances from the finance, cement, food and resource sectors.
For the day, the index sank 31.86 points or 0.40 percent to finish at the daily low of 7,858.85 after peaking at 7,913.39.
Among the actives, Bank Mandiri dipped 0....