Update COVID-19 in Indonesia: 130,718 confirmed infections, 5,903 deaths (12 August 2020)
Indonesia Investments Report - July 2020 Edition: A Modest Rebound
12 August 2020 (closed)
USD/IDR (14,917) +40.00 +0.27%
EUR/IDR (17,619) +50.22 +0.29%
Jakarta Composite Index (5,233.45) +43.29 +0.83%
Indonesia's Stock Index Ends Week in the Plus, while Asia Weakens
Indonesia's main stock index (IHSG) ended the last trading day of this week in the plus. The index rose 0.08 percent to 4,724.41. The growth was limited because most Asian stocks fell as investors are looking for profit after a positive trading week. Global stock indices had a relatively good week after Ben Bernanke stated that the quantitative easing program (the Federal Reserve's monthly USD $85 billion bond-buying package), will continue as long as the US economy needs it, which gives rise to a low interest rate environment.