IDX Opens Higher 1.6%

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 1.6% at 4414 this morning, extending yesterday’s 3.2%. Foreign investors booked net buy of Rp335.3 billion yesterday, cutting year to date net sell to Rp12.9...

IDX Gains 3.2% at Close on Fed Rate Factor

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) gained 3.2% to close at 4343 Monday (Oct. 5) inline with regional and global markets. Asian stocks rose on Monday as expectations for a U.S. interest rate hike this year faded after...

Banking Stocks Focus of Buying

JAKARTA (Yosefardi) – Investors focused buying banking stocks this morning amid expectation of no change in the Federal Reserve’s (Fed) rate policy and BI Rate. Governor of Bank Indonesia (BI), central bank, Agus D.W Martowardojo has expressed to keep the...

IDX Opens Higher 1.8% Following Regional

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 1.8% at 4283 this morning following regional markets. Japanese stocks rose after a U.S. jobs report missed estimates, fueling speculation the Federal Reserve will keep...