India, Feb. 26 -- The Indonesia stock market on Wednesday snapped the two-day losing streak in which it had stumbled more than 215 points or 3.2 percent. The Jakarta Composite Index now sits just above the 6,600-point plateau and it's expected to remain in that neighborhood again on Thursday.

The global forecast for the Asian markets is fairly upbeat, with bargain hunting expected among especially the technology stocks. The European markets were up and the U.S. bourses were mixed and the Asian markets figure to split the difference.

The JCI finished modestly higher on Wednesday following mixed performances from the financial shares, cement companies and resource stocks.

For the day, the index improved 19.1 points or 0.29 percent to finis...