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JCI rises 0.58% at Monday's close
The Jakarta Composite Index (JCI) closed on a positive note on Monday, rising 0
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The Jakarta Composite Index (JCI) closed on a positive note on Monday, rising 0.58 percent to 5,141.76.
In addition to that, shares of blue chip firms traded on the Indonesia Stock Exchange jumped 0.95 percent to 886.92, Antara news agency reported.
'The improvements of many indices across Asia and the appreciation of the rupiah against the US dollar during the final trading session have strengthened the JCI,' Woori Korindo Securities Indonesia head of research Reza Priyambada said as quoted by Antara.
According to IDX data, foreign investors booked a net buy of Rp 142.93 billion (US$11.74 million) by 4 p.m. on Monday.
Reza said that China's move to reduce its deposit and lending rates had helped strengthen assets and commodities in risky markets ,including Indonesia.
IDX data showed that the volume of trade during the closing session involved 6.52 billion shares worth Rp 5.03 trillion (US$412.46 million).
In the regional market, Hong Kong's Hang Seng and Japan's Nikkei climbed 1.95 percent and 0.33 percent, respectively.
Singapore's Straits Times, meanwhile, strengthened slightly by 0.08 percent in final trade. (nfo)(+++)
