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Jakarta Index Gains 0.30 Pct

The appreciation of rupiah against US dollar has also brought impact.

Senin, 16 November 2009, 10:14 WIB
Antique
  (VIVAnews/Tri Saputro)

VIVAnews - The Jakarta benchmark index in the Indonesia Stock Exchange (IDX) today gained 0.30 percent to 2,434.02 in the early transaction, Nov 16, as the global and regional markets edged up.

According to PT CIMB Securities Indonesia retail research analyst Mastono Ali, the index seemed to have responded the outcome in the G20 meeting, which will support the economic growth and recovery.

"The appreciation of rupiah against US dollar has also brought impact," he said today.

Mastono projected that the index would move to 2,453 (resistance).
 
In the meantime, PT Bumi Resources Tbk shares were opened 1.02 percent, a rise of Rp 25 compared to last week.

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Translated by: Bonardo Maulana Wahono



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