JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.73% to 4478 this morning led by banking stocks while regional markets were mostly in red.
Asian stocks sagged on Monday after top Federal Reserve officials kept the door open for an interest rate hike in September and investors braced for China economic data this week, Reuters reported.
The government of Indonesia plans to issue economic policy package this week, to accelerate incoming investment and to boost the dollar supply. The economic policy package will involve to real sector, financial, deregulation, new policies, and tax holiday.