ID :
86853
Fri, 10/30/2009 - 15:29
Auther :
Shortlink :
https://www.oananews.org//node/86853
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INDONESIAN STOCKS CLOSE 2.41 PCT HIGHER FRIDAY AFTERNOON
Jakarta, Oct 30 (ANTARA) - The Composite Stock Price Index (JCI) at the Indonesian Stock Exchange (IDX) on Friday afternoon closed 56.49 points or 2.41 percent higher at 2,400.52.
A stock market analyst of PT Valbury Asia Securities, Krisna Dwi Setiawan, said the global market sentiment had turned around as previous concerns about the central issues of an asset bubble , unwinding carry trade and an increase in central banks` interest rates had disappeared instantly.
"Investors seem to be in an euphoria celebrating the announcement of the US third-quarter GDP at 3.5 percent or higher than the 3.2 percent economists had expected.
He said the figure had fueled a new optimism that economic growth was on a positive path and would last until next year.
Market volatility was predicted to be still very high and the index certainty toward a more logical index also can be seen in the few days to come.
Meanwhile, the Asian regional exchanges moved positively with Asia`s Hang Seng Index rising 636.15 points (2.99 percent) to 21,901.14 , Nikkei-225 index up 141.30 points (1.43 percent) to 10,032.40, the Straits Times index 38.45 points (1.46 percent) higher at 2,670.76.
Stock transactions occurred as many as 66,382 times and the number of shares that changed hands reached 3.351 billion at a total value of Rp4.234 trillion. As many as 150 shares rose, 26 fell and 41 shares did not move.
Shares that encouraged the index to strengthen were PTBA which increased Rp1,050, Indo Tambangraya (ITMG) which went up Rp1.800, United Tractor (UNTR) which gained Rp650 to Rp15.400, Bank Mandiri (BMRI) which rose Rp150 to Rp4.725, BRI (BBRI) which gained Rp200 to Rp7,350, and Indofood (INDF) which increased Rp150 to Rp3.025.
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A stock market analyst of PT Valbury Asia Securities, Krisna Dwi Setiawan, said the global market sentiment had turned around as previous concerns about the central issues of an asset bubble , unwinding carry trade and an increase in central banks` interest rates had disappeared instantly.
"Investors seem to be in an euphoria celebrating the announcement of the US third-quarter GDP at 3.5 percent or higher than the 3.2 percent economists had expected.
He said the figure had fueled a new optimism that economic growth was on a positive path and would last until next year.
Market volatility was predicted to be still very high and the index certainty toward a more logical index also can be seen in the few days to come.
Meanwhile, the Asian regional exchanges moved positively with Asia`s Hang Seng Index rising 636.15 points (2.99 percent) to 21,901.14 , Nikkei-225 index up 141.30 points (1.43 percent) to 10,032.40, the Straits Times index 38.45 points (1.46 percent) higher at 2,670.76.
Stock transactions occurred as many as 66,382 times and the number of shares that changed hands reached 3.351 billion at a total value of Rp4.234 trillion. As many as 150 shares rose, 26 fell and 41 shares did not move.
Shares that encouraged the index to strengthen were PTBA which increased Rp1,050, Indo Tambangraya (ITMG) which went up Rp1.800, United Tractor (UNTR) which gained Rp650 to Rp15.400, Bank Mandiri (BMRI) which rose Rp150 to Rp4.725, BRI (BBRI) which gained Rp200 to Rp7,350, and Indofood (INDF) which increased Rp150 to Rp3.025.
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