Market Gains on Hopes of Friendly Finance Minister
Jakarta. Indonesia’s financial markets gained on Wednesday as investors were optimistic President Joko Widodo will name a business-friendly finance minister. According to an anonymous source cited by...
View ArticleCabinet Euphoria Cannot Lift Indonesian Stocks
Jakarta. The announcement of Indonesia’s new cabinet was unable to lift the stock market on Monday, which suffered from investors’ anxiety about the possibility of the US central bank to end its...
View ArticleJCI Dips on Rival Pols’ Claims to House
Jakarta. Stocks in Jakarta declined on Thursday, with traders citing concerns over rival claims to leadership of Indonesia’s House of Representatives. Other Southeast Asian stock markets mostly rose...
View ArticleIndonesia’s Benchmark Stock Index Rises Before Fuel Price Increase
Jakarta Market Roundup Jakarta. Indonesia’s benchmark stock index rose nearly 0.1 percent to its highest closing since Nov. 5, led by consumer goods stocks, ahead of the government announcement to...
View ArticleJCI Stocks Slide, Rupiah Rallies
Jakarta. Indonesia’s main stock index slipped on Monday, while the rupiah posted its longest rising streak in 10 months. The Jakarta Composite Index (JCI) lost 0.4 percent to 5.126. Around 12.3 billion...
View ArticleJCI Lower Amid Profit-Taking by Foreign Investors
Jakarta. Indonesian stocks fell on Monday following a three-day rally last week as investors made a profit, taking advantage of a lack of sentiment on the domestic market. The benchmark Jakarta...
View ArticleSoutheast Asia Stocks: Indonesia Snaps Losing Streak; Most Others Weak
Bangkok. Indonesian stocks eked out small gains on Tuesday amid a rise in the rupiah and selective buying in large-caps while other Southeast Asian stock markets were flat-to-weaker after a measure of...
View ArticleJCI Falls Most Since Oct. Amid Concerns of Corporate Earnings Growth, Q1 GDP...
Jakarta. Indonesia’s benchmark stock index fell the most in almost seven months on Monday, amid concerns of corporate earnings slowing economic growth in the first quarter. The Jakarta Composite Index...
View ArticleFDI Increase Can’t Stop IDX’s Largest Drop of Year as Asia Markets Falters
Jakarta. News from the Investment Coordinating Board which showed foreign direct investment had accelerated in the second quarter of the year failed to lift the performance of the main stock index in...
View ArticleJokowi Pledges to Work Hard to Regain Public Trust, Boost Market Sentiment
Jakarta. President Joko Widodo says the government will work hard on improving economic growth and speeding up infrastructure development to boost positive sentiment in the country’s capital markets....
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