India, Feb. 23 -- The Indonesia stock market on Friday snapped the two-day losing streak in which it had given up more than 85 points or 1.2 percent. The Jakarta Composite Index now sits just above the 6,800-point plateau, although it's likely to head south again on Monday.
The global forecast for the Asian markets is weak on concerns over inflation and the outlook for interest rates. The European markets were mixed and the U.S. bourses were sharply lower and the Asian markets figure to follow the latter lead.
The JCI finished modestly higher on Friday following mixed performances from the financial shares, cement companies and resource stocks.
For the day, the index added 14.96 points or 0.22 percent to finish at 6,803.00 after trading ...