(fxcue news) - The Indonesia stock market has climbed higher in six straight sessions, advancing more than 280 points or 3.8 percent along the way. The Jakarta Composite Index now sits just above the 7,250-point plateau and it's expected to at least open higher again on Thursday. The global forecast for the Asian markets is upbeat, with technology shares expected to fuel the rally. The European and U.S. markets were up and the Asian bourses are expected to open in similar fashion. The JCI finished sharply higher on Wednesday following gains from the food and telecom sectors, while the financials and resource stocks were mixed and the cement shares were soft. For the day, the index gained 75.30 points or 1.05 percent to finish at 7,257.13. Among the actives, Bank CIMB Niaga skidded 1.14 percent, while Bank Mandiri strengthened 1.65 percent, Bank Negara Indonesia climbed 1.05 percent, Bank Central Asia collected 0.26 percent, Indosat Ooredoo Hutchison added 0.44 percent, Indocement retreated 1.21 percent, Semen Indonesia tumbled 1.99 percent, Indofood Sukses Makmur spiked 2.35 percent, United Tractors advanced 0.88 percent, Astra International improved 1.02 percent, Energi Mega Persada tanked 2.56 percent, Astra Agro Lestari gained 0.84 percent, Aneka Tambang gathered 0.66 percent, Jasa Marga shed 0.46 percent, Vale Indonesia slumped 1.12 percent, Timah rose 0.47 percent, Bumi Resources jumped 1.64 percent and Bank Danamon Indonesia, Bank Rakyat Indonesia and Bank Maybank Indonesia were unchanged. The lead from Wall Street is positive as the major averages opened higher and spent all day in the green, ending near session highs. The Dow jumped 130.92 points or 0.30 percent to finish at 44,156.73, while the NASDAQ surged 252.56 points or 1.28 percent to close at 20,009.34 and the S&P 500 added 37.13 points or 0.61 percent to end at 6,086.37. The strength on Wall Street came as investors reacted positively to upbeat earnings updates and corporate news, and on continued optimism about rate cuts by the Federal Reserve this year. The tech-heavy NASDAQ was fueled by buoyant earnings and sales guidance by Netflix, as well as President Donald Trump's announcement of a $500 billion private-sector AI infrastructure investment plan involving Oracle, Open AI and Softbank. Oil prices drifted lower on Wednesday, extending recent weakness on concerns about excess supply in the market due to the Trump administration's plan to maximize oil and gas production. West Texas Intermediate Crude oil futures for March fell $0.39 or 0.5 percent at $75.44 a barrel, extending losses to a fifth straight session.