Banking Loan to Grow 12%

JAKARTA (Yosefardi) – A survey of central bank (Bank Indonesia/BI) indicates that the banking loan will grow by 12% this year. For January-November 2015 period, banking loan only grew by 9.8% year on year. The loan growth this year is inline with expectation of...

IDX Opens Higher 0.9%

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.9% at 4552 this morning while Asian markets rebounded. Asian shares crept off four-year lows on Wednesday as China’s efforts to stabilise its currency brought a...

IDX Ends Higher 1.05%, Rupiah Strengthens

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 1.05% at 4512 Tuesday (Jan. 12) while regional markets closed in red zone. Asian stocks held near four-year lows and crude oil prices approached a 20 percent drop in less...

Tigerair Traffic Declines 1.4%

SINGAPORE (Yosefardi) – For the month of December 2015, Tigerair’s operations in Singapore recorded 1.4% yearon-year (y-o-y) decline in traffic to 877.0 million revenue passenger-kilometres (RPK), while capacity decreased by 1.4% to 1,017.9 million available...

IDX Opens Higher 0.8%

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.8% at 4501 this morning, led by blue chip stocks. Astra Agro rose 1.4%, AKR Corporindo gained 1.38%, Alam Sutera increased 1.53%, Bank Central Asia hiked 1.57%, Bumi...

IDX Ends Lower 1.8% Following Regional

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 1.8% at 4465 Monday (Jan. 11) inline with regional markets. China’s stock benchmark plunged more than 5% and other Asian markets fell Monday as Wall Street’s...