Indonesia Stock Market Update: Wall Street Sets Good Example
Indonesian stocks should manage to climb today. In early morning trade on Thursday (08/12) MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.4 percent touching a one-month high supported by US stocks setting another fresh high overnight, while bonds rallied on expectation that the European Central Bank (ECB) is to announce that it will extend its asset buying program later today in its policy meeting. Meanwhile, Nikkei futures point at an opening gain of around 1 percent.