JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher this morning but retreated as investors concern on the fuel price hike. At 9.20 am Jakarta time, IDX inched down 0.07% to 5085.
Today the Central Bureau of Statistics (BPS) will release October’s inflation and export and import data for September. This would a focus of market players who expect the better domestic economic development.
Foreign investors have increased their investment in local stocks as reflected on foreign’s net buy in past few trading days.
Meanwhile he Financial Services Authority (OJK) reminds the government to address the Fed policy which end its quantitative easing (QE). This might impact on the instability of economy in emerging countries, including Indonesia.