After experiencing various sentiments as well as profit taking, the Indonesia Stock Exchange (IHSG) eventually ended higher today than it had closed on Friday. During the trading day, however, it looked like it would end negatively for a while. Mixed Asian stock indices and fears of decline after the IHSG had reached record highs, made the index vulnerable. But due to strong purchases by foreigners and the impact of the positive openings of European stock indices, the IHSG booked a small gain.
Update COVID-19 in Indonesia: 64,958 confirmed infections, 3,241 deaths (6 July 2020)
6 July 2020 (closed)
USD/IDR (14,566) +50.00 +0.34%
EUR/IDR (16,379) +36.63 +0.22%
Jakarta Composite Index (4,988.87) +15.07 +0.30%
Indonesia Investments' Stock Market Update section contains a daily analysis regarding the performance of the Indonesia Stock Exchange (Bursa Efek Indonesia, abbreviated BEI). Our updates discuss the underlying factors - both national and international - that influence the performance of the Indonesian stock market. The indicator that is discussed most in these columns is the Indeks Harga Saham Gabungan (IHSG). This IHSG is an index of all listed stocks and thus forms the main indicator of the BEI.
This section has been discontinued. Daily updates on the performance of the Jakarta Composite Index (Indonesia Stock Exchange) are now presented in our Today's Headlines section.
The views expressed in these financial columns are the views of the authors or the interviewed persons only and therefore do not necessarily reflect the views of Indonesia Investments. The authors are free to ventilate their opinions about the Indonesian financial markets. Facts presented in these columns are the result of the author's own research or indicated sources. The content of these articles should not be regarded as investment advice, read disclaimer.