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Jakarta Post

JCI climbs 0.5% in morning session

The Jakarta Composite Index (JCI) opened on a positive note in Monday's first trading session, rising by 0

The Jakarta Post
Jakarta
Mon, September 1, 2014

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JCI climbs 0.5% in morning session

The Jakarta Composite Index (JCI) opened on a positive note in Monday's first trading session, rising by 0.5 percent to 5,162.

Shares in seven out of 10 sectors traded on the Indonesia Stock Exchange (IDX) climbed in the morning with the banking sector leading the list as it significantly increased by 1.05 percent, kontan.co.id reported.

Meanwhile, three sectors that weakened during the opening session were agriculture, construction and trade.

As many as 75 traded stocks improved by 9 a.m. on Monday while 36 stocks weakened and 71 stocks were unchanged.

The volume of trade this morning involved 212 million shares with a total value of Rp 229 billion (US$19.64 million).

Later in the afternoon, the government will release macroeconomic data on inflation and the trade balance.

Bank Indonesia previously said that inflation rate in August 2014 was relatively stable and the figure was expected to be lower than August in previous years, or below 0.3 percent. (nfo)

 

 

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