IHSG closes higher amid spike in Asian market

Jakarta (ANTARA) - The Indonesian composite index (IHSG) of the Indonesia Stock Exchange (IDX) closed higher on Friday at 5.61 points or 0.09 percent to 6,291.66 amid a spike in the Asia's stock market.

Meanwhile, the index of the 45 most liquid stocks, or LQ45, also strengthened to 3.83 points, or 0.37 percent, to 1,029.64. Before closing, net foreign buy reached Rp196.97 billion at Indonesia's stock market. Meanwhile, 456,329 transactions of 6.62 billion stocks worth Rp6.18 trillion were recorded for today's trading.

Despite the positive signal, IHSG was seen at the red zone after the stock market's opening, the Indopremier Securities' analyst, Mino said in Jakarta. However, China's economic growth that has been expected by market pushed IHSG back to the green zone.

Throughout the day, regional markets that strengthened this evening comprised Nikkei increasing 108.2 points, or 0.45 percent, to 23,041.3; Hang Seng Index adding 173.4 points, or 0.6 percent, to 29,056.4; and the Straits Times Index appreciating at 3.03 points, or 0.09 percent, to 3,281.03.

Source: Antara News

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