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Latest Columns Basic Industries

  • Indonesia's Main Stock Index Rises 0.36% on Last Day before Holiday

    On the last day before a week-long holiday, Indonesia's main stock index (IHSG) rose by 0.36 percent to 4,640.78 points on Friday (02/08). Although it was a relative quiet trading day, the performance was in line with today's performance of other Asian indices as well as European and American indices on Thursday (01/08). Stocks in the country's basic industries sector provided most support to the rise of the index. The Asian market still felt the positive impact of the Federal Reserve's announcement that it will continue the quantitative easing program.

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  • Indonesia's Trade Balance Reports Another Trade Deficit in April

    Indonesia's trade balance recorded another deficit in April 2013 as imports (USD $16.31 billion) exceeded exports (USD $14.70 billion). April's trade deficit, amounting to USD $1.62 billion, was mainly due to continued weak commodity exports in combination with strong oil, basic machinery and utensils imports. After five consecutive months of deficits up to February, Indonesia’s trade account reported a surplus of USD $330 million in March, but fell back into deficit in April. From January to April, Indonesia's trade deficit stands at USD $1.85 billion.

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