The Indonesia stock market has seen gains for two consecutive sessions, rising almost 140 points or 1.8 percent. The Jakarta Composite Index closed above the 7,885-point mark and is expected to open higher on Thursday. The global forecast for Asian markets is positive, with technology shares leading the way. The JCI saw a significant increase on Wednesday, driven by financial, cement, food, and resource stocks. In the US, the Dow slipped slightly, while the NASDAQ and S&P 500 posted gains. Crude oil prices dropped due to concerns of oversupply from OPEC.
Read more at Nasdaq: Additional Support Predicted For Indonesia Stock Market
