ID :
78434
Fri, 09/04/2009 - 17:02
Auther :
Shortlink :
https://www.oananews.org//node/78434
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BEI INDEX OPENS SLIGHTLY HIGHER ON WALL STREET GAINS
Jakarta, Sept. 4 (ANTARA) - The Composite Stock Price Index (IHSG) at the Indonesian Stock Exchange (BEI) here on Friday morning opened slightly higher on Wall Street gains.
The BEI Index went up 5.020 points or 0.22 percent to 2,326.595 points, and the LQ-45 index surged 1.164 points or 0.26 percent to 452.455 points.
The market was still positive prompting the Indonesian stocks to climb as Wall Street surged, Harry Kurniawan, a domestic capital market observer, said here on Friday.
The BEI had been predicted to witness share releases on profit taking moves after significantly rallies. However, an external positive support boosted the domestic stocks to be above 2,300 points.
He predicted that the BEI index would further advance following Bank Indonesia's decision to maintain its BI Rate at 6.50 percent, despite the 2009 August inflation rate at 0.56 percent, which was higher than 0.45 percent in last July 2009.
Shares which gained at the BEI included Astra Agro Lestari shaers which surged Rp50 to Rp20,900, Astra International shares which added Rp150 to Rp29,200, United Tractor shares that jumped Rp100 to Rp13,250, state bank BRI shares that rose Rp50 to Rp7,200 and private bank BCA shares which climbed Rp25 to Rp2,025.
Meanwhile, the rupiah slightly gained against the US dollar in the Jakarta interbank spot market here on Friday morning on market positive sentiment.
The Indonesian currency traded at Rp10,100-Rp10,110 per US dollar, up 10 points from that in the market's close a day earlier.
Bank Indonesia (BI)'s decision to maintain its BI Rate at 6.5 percent bolstered the local unit to strengthen, despite the August inflation rate at 0.56 percent, which was higher than 0.45 percent a month earlier, Farial Anwar, a domestic money market observer, said here on Friday.
The central bank that its current BI Rate at 6.5 percent was capable of boosting the economic growth, although the commercial interest rate tended to fall, he said. ***
The BEI Index went up 5.020 points or 0.22 percent to 2,326.595 points, and the LQ-45 index surged 1.164 points or 0.26 percent to 452.455 points.
The market was still positive prompting the Indonesian stocks to climb as Wall Street surged, Harry Kurniawan, a domestic capital market observer, said here on Friday.
The BEI had been predicted to witness share releases on profit taking moves after significantly rallies. However, an external positive support boosted the domestic stocks to be above 2,300 points.
He predicted that the BEI index would further advance following Bank Indonesia's decision to maintain its BI Rate at 6.50 percent, despite the 2009 August inflation rate at 0.56 percent, which was higher than 0.45 percent in last July 2009.
Shares which gained at the BEI included Astra Agro Lestari shaers which surged Rp50 to Rp20,900, Astra International shares which added Rp150 to Rp29,200, United Tractor shares that jumped Rp100 to Rp13,250, state bank BRI shares that rose Rp50 to Rp7,200 and private bank BCA shares which climbed Rp25 to Rp2,025.
Meanwhile, the rupiah slightly gained against the US dollar in the Jakarta interbank spot market here on Friday morning on market positive sentiment.
The Indonesian currency traded at Rp10,100-Rp10,110 per US dollar, up 10 points from that in the market's close a day earlier.
Bank Indonesia (BI)'s decision to maintain its BI Rate at 6.5 percent bolstered the local unit to strengthen, despite the August inflation rate at 0.56 percent, which was higher than 0.45 percent a month earlier, Farial Anwar, a domestic money market observer, said here on Friday.
The central bank that its current BI Rate at 6.5 percent was capable of boosting the economic growth, although the commercial interest rate tended to fall, he said. ***
