The Indonesia stock market has moved higher in three straight sessions, advancing more than 70 points or 1 percent along the way. The Jakarta Composite Index now sits just above the 7,200-point plateau although it may see profit taking on Thursday.
The global forecast for the Asian markets suggests consolidation on a deteriorating outlook for interest rate cuts. The European and U.S. markets were down and the Asian bourses are expected to open in similar fashion.
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