India, Aug. 20 -- The Indonesia stock market on Wednesday ended the two-day losing streak in which it had dropped almost 70 points or 0.9 percent. The Jakarta Composite Index now sits just beneath the 7,950-point plateau although it may hand back those gains on Thursday.
The global forecast for the Asian markets is weak, with technology stocks expected to continue to weigh. The European and U.S. markets were mostly lower and the Asian markets are expected to follow that lead.
The JCI finished sharply higher on Wednesday following gains from the financial shares, cement stocks and resource companies.
For the day, the index advanced 80.88 points or 1.03 percent to finish at 7,943.83 after trading between 7,863.86 and 7,952.34.
Among the a...