Indonesian Rupiah versus US Dollar (JISDOR):

| Source: Bank Indonesia

The Jakarta Composite Index (Indonesia’s benchmark stock index) fell 0.21 percent to 4,962.66 points during the first trading session today. After the opening, the index opened up in line with most other Asian stock indices. Asian markets gained on optimism about the US economy as new home sales increased (6.4 percent in April 2014) and indices on Wall Street closed on record-high levels on Friday (23/05). Standard & Poor's 500 ended 0.4 percent higher at 1,900.53, the first time it surpassed the 1,900 level. However, the Jakarta Composite Index could not maintain the momentum and declined shortly after its opening.

On Tuesday and Thursday this week, Indonesian financial markets are closed due to religious holidays. On Monday 2 June 2014, Statistics Indonesia will release important macroeconomic data, including May inflation and the April trade balance.

Bahas