India, July 22 -- The Indonesia stock market on Wednesday ended the nine-day winning streak in which it had surged more than 460 points or 7.5 percent. The Jakarta Composite Index now rests just above the 6,330-point plateau and the losses may accelerate on Thursday.
The global forecast for the Asian markets is mixed to lower on surging crude oil prices and concerns over the Middle East conflict. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.
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