India, June 3 -- The Indonesia stock market has moved lower in three straight sessions, sinking more than 150 points or 2.2 percent along the way. The Jakarta Composite Index now rests just above the 7,040-point plateau although it may stop the bleeding on Wednesday.
The global forecast for the Asian markets is upbeat on optimism over the outlook for tariffs and the economy. The European and U.S. markets were up and the Asian markets are expected to open in similar fashion.
The JCI finished modestly lower on Tuesday following losses from the telecoms, financial shares and cement companies, while the resource stocks were mixed.
For the day, the index slipped 20.25 points or 0.29 percent to finish at 7,044.82 after trading between 6,994.16...