India, Aug. 5 -- The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just above the 7,515-point plateau and it may hand back Tuesday's gains on Wednesday.
The global forecast for the Asian markets is weak on renewed tariff concerns. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to follow the latter lead.
The JCI finished modestly higher on Tuesday following gains from the financial shares and cement companies, while the food and telecom sectors were soft and the resource companies were mixed.
For the day, the index added 50.54 points or 0.68 pe...