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JCI rises 0.12% at Thursday's close
The Jakarta Composite Index (JCI) continued its appreciation in the final trading session, rising by 0
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he Jakarta Composite Index (JCI) continued its appreciation in the final trading session, rising by 0.12 percent to close at 5,451 points on Thursday.
Shares of blue chip firms traded on the Indonesia Stock Exchange (IDX) also strengthened by 0.07 percent to 950.21 points by 4 p.m. on Thursday.
Asjaya Indosurya Securities analyst William Suryawijaya said that investors' optimism over the nation's future economic development had supported the JCI performance in the closing session.
IDX data revealed that foreign investors booked a net buy of Rp 1.24 trillion (US$96.72 million) between lunchtime and final trading.
'The market players are enthusiastically anticipating the announcement of the BPS [State Statistics Agency] on the country's macroeconomic data next week,' William said, as quoted by Antara news agency.
The BPS is expected to announce the data on Monday next week.
The volume of trade between the midday and closing sessions was worth Rp 5.1 trillion ($397.8 million), involving 4.27 billion stocks in 246,298 transactions.
The IDX also showed that 159 stocks had strengthened at Thursday's close, while 126 stocks failed to record improvements and 106 stocks remained stable.
In the regional market, Hong Kong's Hang Seng and Japan's Nikkei rose by 0.50 percent and 1.08 percent, respectively.
Meanwhile, stocks in Singapore's Straits Times fell by 0.43 percent to 3,426.18. (nfo)(++++)
