JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened up 0.45% at 4597 this morning while regional markets were mixed.
Asian shares were in another mixed trading session on Friday, tracking the uninspiring handover from Wall Street as investors await the U.S. nonfarm payrolls report that could provide hints to when the Federal Reserve will start to push up interest rates, Cnbn.com reported.
Nymex’s crude oil rose 0.38% to US$45.37 per barrel in Asian trading this morning and gold increased 0.24% to US$1,106.90 per ounce.
Statistics Indonesia (BPS) announced Thursday that Indonesia’s official third quarter gross domestic product (GDP) growth was 4.73% year on year, improved from the six-year low of 4.67% in the preceding quarter.
The government’s spending is increasing, 34.38% rise in goods purchase and 58.10% increase in capital goods spending. The government opts to initiate the pre-funding mechanism for accelerate the infrastructure project next year.