India, July 21 -- The Indonesia stock market has moved higher in 11 straight sessions, gathering more than 530 points or 7.5 percent along the way. The Jakarta Composite Index now sits just beneath the 7,400-point plateau although it's overdue for consolidation on Tuesday.
The global forecast for the Asian markets offers little clarity as investors wait and see what happens with tariff deadlines. The European and U.S. markets were mixed and little changed and the Asian bourses are expected to open in similar fashion.
The JCI finished sharply higher on Monday following gains from the resource, food and telecom sectors, while the financials shares were soft.
For the day, the index jumped 86.28 points or 1.18 percent to finish at 7,398.19 a...