Late Buying Lifts IDX, Rupiah Strengthens

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) gained 0.21% to close at 4624 Monday (Feb. 1), with late buying helping the index to regain. The index moved in negative territory during the day trading, reaching its lowest at 4559.89....

January Inflation 0.51%

JAKARTA (Yosefardi) – Central Bureau of Statistics (BPS) revealed on Monday (February 1) that January 2016 inflation was 0.51%, compared to 0.96% in December 2015. Of 82 cities, 75 cities recorded inflation, highest occurred in Sibolga (1.82%) and the lowest...

IDX Turns Lower as Profit Taking Hits

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) turned lower 0.02% to 4614 this morning after gaining at opening. Foreign investors booked net buy of Rp1.41 trillion Friday last week, cutting their year to date net sell to Rp2.32...

Late Buying Sets IDX to Gain

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.27% at 4615 Friday (Jan. 29) but trade was very volatile. The late buying helped IDX to regain. The index reached its bottom at 4568. Asian shares jumped and the yen...

OJK Urges Banks to Cut Loan Rates

JAKARTA (Yosefardi) – The Financial Service Authority (OJK) urges banks to cut loan rates as BI Rate has been cut to 7.25% in Jan. 14, 2015. OJK Chief Commissioner Muliaman D Hadad said the banks have experienced lower costs of funds and have no problem with the...