Despite Hong Kong’s falling Hang Seng Index (HSI), the benchmark stock index of Indonesia (known as the Jakarta Composite Index or IHSG) managed to climb 0.69 percent to 4,878.58 points on Monday (30/06). A number of reasons can be cited that positively influenced the performance of the IHSG. These are higher US Michigan Consumer Sentiment, positive forecasts for tomorrow’s release of June inflation and the May trade balance of Indonesia, declining global oil prices and the appreciating Indonesian rupiah exchange rate.
20 November 2019 (closed)
USD/IDR (14,112) +15.00 +0.11%
EUR/IDR (15,630) +20.13 +0.13%
Jakarta Composite Index (6,155.11) +3.02 +0.05%