Immediately after the opening of trade on Wednesday (10/06), Indonesian stocks rebounded sharply. Yesterday, Indonesia’s benchmark stock index (Jakarta Composite Index) had fallen 2.30 percent due to worries about looming higher US interest rates later this year, the Greek debt crisis in the Eurozone, heavy rupiah depreciation, and weak domestic macroeconomic data (such as Indonesia’s high inflation, disappointing Q1-2015 economic growth, the still wide current account deficit, and the central bank’s falling forex reserves).

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Indonesian stocks declined more than expected during the first trading session on Tuesday (09/06). The benchmark Jakarta Composite Index plunged 3.12 percent to 4,858.31 points amid heightened expectation of a US interest rate hike as well as worries about the Greek debt situation in the Eurozone. The performance of other Asian stock indices was mixed on Tuesday morning with Shanghai, Singapore and South Korea showing modest gains, while New Zealand, Hong Kong, Malaysia and Taiwan were down marginally.

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Indonesian stocks and the rupiah are experiencing severe pressures at the start of the new trading week. Indonesia’s benchmark stock index (Jakarta Composite Index) declined 1.68 percent to 5,014.99 points (a seven-month low), while the rupiah depreciated 0.71 percent to IDR 13,385 per US dollar according to the Bloomberg Dollar Index on Monday (08/06). As such, the rupiah extended its record-low closing in the post Asian Financial Crisis era. Indonesian stocks and the rupiah are the worst performing Asian assets.

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Sebagian besar pasar saham Asia turun pada hari Rabu (27/05), termasuk Indeks Harga Saham Gabungan (IHSG). IHSG turun 0,95% menjadi 5.270,22 poin pada pukul 14:32 WIB. Performa yang buruk saham-saham di seluruh Asia hari ini mengikuti jatuhnya pasar saham Amerika Serikat (AS) kemarin. Dow Jones, S&P 500 dan Nasdaq semuanya menurunkan sekitar 1% karena kuatnya dollar AS setelah terbitnya sejumlah data perekonomian AS yang kuat (yang mendukung kenaikan suku bunga AS sebelum akhir tahun) dan meningkatnya kekuatiran mengenai krisis hutang di Yunani.

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Nilai saham Indonesia dan rupiah menguat pada hari perdagangan terakhir karena didukung oleh kenaikan sedang dari sejumlah indeks di Wall Street pada hari Kamis (07/05), yang sangat kontras dengan penjualan besar-besaran yang terjadi sehari sebelumnya setelah pimpinan Federal Reserve Janet Yellen menyatakan bahwa harga saham-saham Amerika Serikat (AS) mungkin dihargaii secara berlebihan. Sementara itu, data perdagangan yang lemah dari Republik Rakyat Tionghoa (RRT) mungkin akan mendorong para pembuat kebijakan RRT untuk menyediakan lebih banyak stimulus. Indeks Harga Saham Gabungan naik 0,62% menjadi 5.182,21 poin pada hari Jumat (08/05).

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After having plummeted about 7 percent over the course of seven trading days, Indonesia’s benchmark Jakarta Composite Index rebounded directly after opening on Monday (04/05). At 10:41 am local Jakarta time, the index had surged 1.30 percent to 5,152.95 points. As Indonesian stocks are generally ‘oversold’ they have become attractive to investors. Moreover, most US and European stock indices ended higher at the end of last week hence providing more fuel for Indonesian stocks to rebound today.

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Indonesian stocks continued to fall today (30/04). After the first trading session, Indonesia’s benchmark Jakarta Composite Index fell 0.11 percent to 5,099.83 points. The index was negatively affected by yesterday’s weakening stock indices in the USA and Europe. These indices experienced a correction due to mixed signals stemming from the latest US Federal Reserve’s FOMC meeting. Contrary to its March policy statement, the Fed did not rule out hiking rates at the next meeting. However, it also downgraded the US growth outlook.

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The benchmark stock index of Indonesia (Jakarta Composite Index, abbreviated IHSG) is again plagued by selling pressures on Wednesday’s trading day (29/04). After today’s first trading session the index was down 2.58 percent to 5,106.73 points. The decline is caused by the persistence of the negative sentiments that have been felt over the past couple of days (explained below) coupled with a discrepancy in economic growth forecasts between the Indonesian government and the country’s central bank (Bank Indonesia).

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Most Southeast Asian stock markets declined ahead of the two-day policy meeting of the US Federal Reserve which started today (28/04). Indonesia’s benchmark Jakarta Composite Index (IHSG) managed to limit losses. After the 3.49 percent fall yesterday, the IHSG was down 1 percent after the first trading session today. However, near the closure of the market the index improved markedly resulting in a small loss of 0.06 percent only. Due to severe losses over the past couple of trading sessions, some oversold blue chip shares became attractive.

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Indonesian stocks continue to fall on today’s trading day (28/04). After having declined 3.49 percent yesterday, the benchmark Jakarta Composite Index fell a further 1.00 percent during the first trading session on Tuesday. Investors, particularly foreign ones, are still concerned about weak first quarter financial results of listed Indonesian companies, signalling that the country’s economic growth in Q1-2015 will be disappointing too. Furthermore, the market is waiting for results of the Federal Reserve’s two-day policy meeting which is set to start today.

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Today, the Indonesia Stock Exchange (IHSG) reached yet another new record high as most market participants used the current positive market sentiments to maintain their stock portfolios, although part of the investors also took the chance to engage in profit taking. Most Asian stock markets gained significantly which was followed by positive openings of European stock indices. Both developments impacted heavily on the IHSG.

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Apparently, yesterday's decline was only a small stumbling block for the Indonesia Stock Exchange (IHSG). Indonesia's main indicator rebounded strongly after feeling the effects of stronger American stock indices that were positively influenced by a rise in Housing Index and Consumer Confidence. Moreover, the IHSG accelerated its gain after Asian stock markets and the opening of Europe's stock indices were positive.

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On Tuesday's trading day, the Indonesia Stock Exchange (IHSG) was not able to maintain its record breaking upward movement. China's possible decision to limit credit growth in the property sector and the election in Italy contributed significantly to the decline of the IHSG. Moreover, it was influenced by poor openings of European stock markets. Investors thus decided to engage in profit taking, while waiting for further global developments.

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The combination of the downgrade of Britain's government bond rating to AA1, China's plan to limit its property growth, and a decline in the HSBC Manufacturing PMI, was not able to block the growth of the Indonesia Stock Exchange (IHSG) today. In particular the purchase appetite of foreign investors made the index move to a new record high. Positive openings of European stock markets also provided a boost for the IHSG.

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Despite negative influence of stock markets in America, Europe and China, the Indonesia Stock Exchange (IHSG) managed to record a gain. During Friday's intraday trade, Indonesia's main indicator moved flat. However, stimulus from indices in Japan, Australia and Singapore, made it rise. Foreigners continued to buy Indonesian assets, while various companies reported good corporate results (such as Bank Rakyat Indonesia, Bank Danamon, Bank Cimb Niaga, Hero Supermarket).

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Despite a good opening, weakening Asian stock markets dragged the Indonesia Stock Exchange (IHSG) downwards in today's trading day. At the start of the day, market participants may have hoped that Indonesia's main indicator would gain again, but a low trade volume turned it negative. Moreover, investors seem to wait for the result of Bumi Plc's shareholders meeting, and the negative opening of European stock indices contributed to the decline.

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Today, the Indonesia Stock Exchange (IHSG) had to give up its upward movement. Indonesia's main indicator, that moved in the red zone during the whole day, was affected by profit taking, and although on previous occasions the index successfully passed beyond the forming of a 'shooting star', today it failed. Its movement further away from the upper bollinger band led to the assumption that the IHSG will test its next support level.

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Although the Indonesia Stock Exchange (IHSG) was moving in the red zone for a while during today's trading day, in the end it recorded a small gain. Most other Asian stock indices, except for Hong Kong's Hang Seng and Shanghai, went up as well. High expectations about continued IHSG-growth, strong corporate results of companies, and continued robust foreign demand for Indonesian stocks pushed the index up.

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A surge in plantation, consumer, infrastructure and financial stocks has pushed the Indonesia Stock Exchange (IHSG) higher up the path of record-breaking highs on Friday, despite mixed Asian stock markets and a weak opening of European stock indices. Moreover, continued reports about good corporate results of listed companies convinced market participants to engage in trading, despite an already overbought market.

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Rising Asian stock markets, particularly a strong Hang Seng (Hong Kong) that opened today after the Chinese new year celebrations, had a positive impact on the Indonesia Stock Exchange (IHSG). As had happened in previous years, the IHSG has the tendency to gain ahead of Valentine's day. Today, market participants received their special Valentine's gift: a new record-high IHSG level of 4601.95, although in the end it had to close a bit lower.

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