Cement Sales Grows 4.7% in November

JAKARTA (Yosefardi) – National cement sales in November 2015 grew by 4.7% to 6.05 million tons, compared to the same period of 2014. Indonesia Cement Association (ASI) said cement sales in Sulawesi rose 17.5% to 532,636 tons in November 2015. Cement sales in...

KINO Gains 1.7% on Trading Debut

JAKARTA (Yosefardi) – Shares of PT Kino Indonesia Tbk (KINO) gained 1.7% to Rp3865 per share at its trading debut this morning with trading volume of 7.35 million shares. While the market index was in red. KINO is the second largely traded stocks this morning,...

IDX Opens Flat, Regional Gains

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened flat this morning at 4466 while regional markets mostly gained. Asian shares edged higher on Friday but remained on track for a weekly loss as lower crude prices kept markets on...

IDX Closes Flat, Rupiah Rp13,954

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended flat, up 0.04% at 4466, Thursday (Dec. 10), but trade was very volatile. The index moved at range of 4438-4473 during the day trading. Global stock markets were mostly weaker...

Motorcycles Sales Drops 11% in November

JAKARTA (Yosefardi) – National motorcycles sales (wholesales) in November 2015 dropped 11% to 535,682 622,089 units, 602,882 units in October 2015. Compared to November 2014 (582,331 units), the sales fell 8%. According to data from the Indonesia Motorcycles Industry...

IDX Opens Down 0.16% Following Regional

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened down 0.16% at 4457 this morning inline with regional markets. The Jakarta bourse closed yesterday (Wednesday) for public holiday. This morning (Thursday), Asian stocks opened...