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Latest Columns 24 October 2013

  • Indonesia's Jakarta Composite Index (IHSG) Up 1.06% on Thursday

    Indonesia's Jakarta Composite Index (IHSG) Up 1.06% on Thursday

    Although at the start of the day the Jakarta Composite Index (IHSG) went into red territory, it rebounded and managed to gain 1.06 percent to 4,594.85 points at the end of Thursdays' trading day (24/10). Factors that positively influenced the IHSG were net foreign buying of Indonesian stocks and a number of corporate earnings reports that met investors' expectation. These included various property companies such as Sentul City and Modernland Realty as well as a number of banks. The rupiah, on the other hand, depreciated again.

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