JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.85% at 4503 this morning to tracking gains in regional markets.
Asian share markets crept ahead on Tuesday after the benchmark for U.S tech stocks hit its highest in 15 years, while a holiday in Japan kept currencies tethered within recent tight ranges, Reuters reported.
Market also welcomed 0.08% deflation for October 2015, extended September’s deflation of 0.05%. Deflation was primarily caused by lower food prices.
The government is scheduled to announce the phase 6 of the economic policy package tomorrow but the sector as focus of policy is undisclosed yet.