India, April 19 -- The Indonesia stock market on Friday snapped the two-day slide in which it had stumbled more than 70 points or 0.9 percent. The Jakarta Composite Index now rests just above the 7,630-point plateau although it's likely to head south again on Monday.
The global forecast for the Asian markets is gloomy after the Strait of Hormuz was shut down again over the weekend. The European and U.S. markets were sharply higher on Friday, but the Asian bourses are now expected to open under pressure on Monday.
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