The Jakarta Composite Index (JCI) continued its strengthening trend during Wednesdayâs final trading session along on the back of positive expectations in the domestic economy
he Jakarta Composite Index (JCI) continued its strengthening trend during Wednesday's final trading session along on the back of positive expectations in the domestic economy.
The JCI was up by 23.37 points or 0.44 percent to 5,292.74 while the index of 45 most liquid stocks or LQ45 strengthened by 6.63 points (0.72 percent) to 922.33.
Asjaya Indosurya Securities analyst William Surya Wijaya said investors were buying in line with optimism about the domestic economy, which would be positive in the future.
'Indonesia's economy which is still stable has become one of the supporting factors for the JCI,' he said as quoted by Antara in Jakarta on Wednesday.
On Wednesday the Indonesian Stock Market (IDX) recorded 258,635 transactions with a volume of 4.01 billion shares worth Rp 4.66 trillion (US$354.16 million), 152 stocks strengthened, 152 weakened while 102 remained unchanged. (ebf)(+++)
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.