VIVAnews - The composite stock price index at the Indonesia Stock Exchange (IDX) has been on the upsurge in these last five days.
An analyst from a securities company PT Panin Sekuritas, Purwoko Sartono, said the rise in the index was highly affected by the regional sentiments. "In addition, the transaction is bit by bit increasing amidst concerns that the share trading volume may decline during the World Cup," he said.
He indicated that the benchmark index would still be on its short-term bullish trend at around 3,000.
In the early share trading today, the index earned 21.98 points (0.75 percent) to 2,915.57.
In the meantime, the Asian market also showed positive sentiments as the Hang Seng gained 381.14 points (1.88 percent) to 20,667.85; Nikkei 225 got 177.18 points (1.77 percent) to 10,172.20; and the Straits Times increased 33.96 points (1.20 percent) to 2,867.36.
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Translated by: Bonardo Maulana W
