JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened up 0.35% to 5175 this morning following regional markets.
Asian shares and dollar rise this morning on hopes of Ukraine progress, Reuters reported.
Alam Sutera gained 1.83%, Bumi Resources rose 1.08%, Jababeka increased 1.09%, Waskita Karya hiked 1.65%, Wijaya Karya lifted 1.4%, and Matahari Putra Prima added 1.15%.
Investors keep buying local stocks as they are optimsitic new president elect Joko Widodo will soon do for the structural reform on infrastructure sector, beraucrazy, and human capital. Foreign net buy now reaches Rp55.99 trillion, new record high.