India, May 27 -- The Indonesia stock market bounced higher again on Tuesday, one day after ending the three-day winning streak in which it had climbed more than 120 points or 1.7 percent. more than 120 points or 1.7 percent along the way. The Jakarta Composite Index now rests just beneath the 7,200-point plateau and it may extend its gains on Wednesday.

The global forecast for the Asian markets is upbeat on easing tariff and trade war concerns. The European markets were mixed and the U.S. bourses were sharply higher and the Asian markets figure to split the difference.

The JCI finished slightly higher on Tuesday following gains from the food and telecom companies, while the cement shares were soft and the resource and financial stocks wer...