Below is a list with tagged columns and company profiles.

Today's Headlines Jakarta Composite Index

  • Indonesia Currency Update: Heavy Pressures on the Rupiah

    Indonesia Currency Update: Heavy Pressures on the Rupiah

    The Indonesian rupiah continues to be a cause for concern as the currency immediately depreciated heavily after trading opened on Monday (08/06). Based on the Bloomberg Dollar Index, the rupiah hit a new record-low of IDR 13,382 per US dollar in the post Asian Financial Crisis era at 9:10 am. Due to a lack of domestic and international positive sentiments only central bank intervention can support the country's ailing currency. Meanwhile, Indonesian stocks followed suit by declining 0.70 percent shortly after opening.

    Read more ›

  • Indonesian Stock Market & Rupiah Update - Morning Trade 3 June 2015

    Indonesian Stock Market & Rupiah Update - Morning Trade 3 June 2015

    In line with other stock indices in Southeast Asia, Indonesia’s benchmark stock index (Jakarta Composite Index) has been weakening since the start of trading on Wednesday (03/06). Yesterday’s weakening indices on Wall Street, concern about rising bond yields, worries about the possibility of a default by debt-ridden Greece, and weak macroeconomic data from Indonesia have all contributed to the negative performance of Indonesian stocks so far today. By 11:15 am local time, the Jakarta Composite Index had fallen 1.42 percent.

    Read more ›

  • Stocks & Rupiah Indonesia: Pressures due to US Rate Hike & Greece

    Stocks & Rupiah Indonesia: Pressures due to US Rate Hike & Greece

    Most Asian stock markets are down on Wednesday (27/05), including Indonesia’s benchmark stock index (IHSG). The IHSG was down 0.95 percent to 5,270.22 points by 14:32 pm local Jakarta time. The poor performance of stocks across Asia today followed yesterday’s falling US stock markets. The Dow Jones, S&P 500 and Nasdaq all declined about 1 percent on US dollar strength after the release of several strong US economic data (supporting a US interest rate hike before the year-end) and heightened concerns about the debt crisis in Greece.

    Read more ›

  • Market Update: Indonesian Stocks & Rupiah Strengthen on Friday

    Market Update: Indonesian Stocks & Rupiah Strengthen on Friday

    Indonesian stocks and the rupiah improved on the last trading day of the week supported by moderately rising indices on Wall Street on Thursday (07/05), which was in stark contrast to heavy selling that occurred one day earlier after Federal Reserve Chair Janet Yellen’s statement that US stock prices may be overvalued. Meanwhile, weak trade data from China could a reason for policymakers to provide more stimulus. Indonesia’s benchmark stock index climbed 0.62 percent to 5,182.21 points on Friday (08/05).

    Read more ›

  • Why Did Indonesian Stocks and Rupiah Weaken Today?

    Why Did Indonesian Stocks and Rupiah Weaken Today?

    The Indonesian rupiah depreciated sharply, while the country’s stocks fell. According to the Bloomberg Dollar Index, Indonesia’s currency depreciated 0.86 percent to IDR 13,148 per US dollar on Thursday (07/05). This performance was in line with the performance of other Asian currencies. Of the 11 Asian currencies that are followed by Bloomberg, only Japan’s yen appreciated against the US dollar. The Indian rupee was the worst performer today, weakening 1.06 percent against the greenback.

    Read more ›

  • Stocks & Rupiah Update Indonesia: Jakarta Composite Index Rebounds

    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.

    Read more ›

  • Stocks & Rupiah Update Indonesia: Mixed Signals Federal Reserve

    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.

    Read more ›

  • Market Update: Indonesian Stocks Extending Losses on Wednesday

    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).

    Read more ›

  • Indonesia’s Jakarta Composite Index Manages to Limit Losses

    Indonesia’s Jakarta Composite Index Manages to Limit Losses

    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.

    Read more ›

  • Rupiah & Stock Market Update Indonesia: Still Going Downhill

    Rupiah & Stock Market Update Indonesia: Still Going Downhill

    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.

    Read more ›

Latest Columns Jakarta Composite Index

  • Stock Market Anomaly: Jakarta Composite Index Declines, but Why?

    Stock Market Anomaly: Jakarta Composite Index Declines, but Why?

    Contrary to most Asian stock indices which were positively influenced by Japan’s higher economic growth as well as rising indices on Wall Street last Friday (06/06), the benchmark stock index of Indonesia (known as the Jakarta Composite Index or IHSG) fell considerably on Monday (09/06). Not even the appreciating Indonesian rupiah exchange rate could push the index back into the green zone. At the end of Monday’s trading day, the Jakarta Composite Index declined 1.06 percent to 4,885.08 points.

    Read more ›

  • Indonesia's Jakarta Composite Index up despite China and Rupiah Concerns

    It was interesting to follow the performance of the benchmark stock index of Indonesia (Jakarta Composite Index, abbreviated IHSG) on Thursday (05/06) as it managed to enter the green zone just minutes ahead of closing. Most of the trading day, the index had been in the red zone as Asian stock indices were mostly down on concerns about economic growth in China, the world's second largest economy. Furthermore, investors are still cautiously following the recent depreciating trend of the Indonesian rupiah.

    Read more ›

  • Indonesia's Benchmark Jakarta Composite Index Declines 0.19%

    Although Indonesian Finance Minister Chatib Basri provided positive news to the market by stating that the country's trade deficit (and co-related current account deficit) will probably not be as large in the second quarter of 2014 (as compared to the same quarter in 2013) as well as an expected increase in Indonesian banks' consumer credit, the benchmark stock index (known as Jakarta Composite Index or IHSG) was unable to rise on Wednesday's trading day (04/06). Particularly local investors were eager to sell their Indonesian shares.

    Read more ›

  • Indonesian Stocks Up but Rupiah Continues Depreciation on Tuesday

    Supported by enthousiastic foreign investors, the benchmark stock index of Indonesia (Jakarta Composite Index or also known as IHSG) managed to climb 0.61 percent to 4,942.16 points on Tuesday (03/06). Particularly consumer, trade and mining stocks were popular on today's trading day. It is interesting to note that this growth happened amid sharp rupiah depreciation as the currency still feels the negative impact of the USD $1.97 billion April 2014 trade deficit that was released yesterday (02/06).

    Read more ›

  • Rupiah Down but Indonesian Stocks Overcome Weak Economic Data

    Rupiah Down but Indonesian Stocks Overcome Weak Economic Data

    Although initially the benchmark stock index of Indonesia (known as Jakarta Composite index or IHSG) fell after the market responded to today's release of Indonesia's April trade deficit and May inflation, the index ended in the green zone due to foreign net buying and general positive Asian indices (influenced by higher stock indices on Wall Street at the end of last week). Particularly Indonesia's big cap stocks in the miscellaneous industry and consumer sectors were popular as these were relatively cheap after having tumbled at the end of last week.

    Read more ›

  • Jakarta Composite Index Declines 1.84% on US Contraction in Q1-2014

    Asian stocks declined on Friday's trading day (30/05) after a government report showed that the US economy - the world's largest economy - shrank by one percent (year-on-year) in the first quarter of 2014, the country's first contraction since early 2011. The contraction was far worse than the initial forecast at 0.1 percent. The main cause of the contraction was the severe winter that hit the USA. The benchmark stock index of Indonesia (Jakarta Composite Index) fell 1.84 percent to 4,893.91 points on Friday (30/05).

    Read more ›

  • Jakarta Composite Index & Indonesian Rupiah Have a Bad Start on Monday

    Jakarta Composite Index and Indonesian Rupiah Have a Bad Start on Monday

    The Indonesian rupiah exchange rate continued to depreciate further on Monday’s trading day (26/05). Based on the Bloomberg Dollar Index, the currency of Indonesia had depreciated 0.17 percent to IDR 11,595 per US dollar by 1pm local Jakarta time. On Monday morning the US dollar was strengthening against most emerging currencies in Asia. Meanwhile, the central bank's benchmark rupiah rate (Jakarta Interbank Spot Dollar Rate, abbreviated JISDOR) depreciated 0.63 percent to IDR 11,633 against the US dollar.

    Read more ›

  • Stock Market of Indonesia: Investors Cautious on Political & Financial News

    On the last trading day of the week, the benchmark stock index of Indonesia (known as the Jakarta Composite Index of IHSG) rose 0.06 percent to the level of 4,973.06 points. Trading volume was low as investors are still carefully monitoring political and economic developments in Indonesia. Earlier in the week, political uncertainty increased when the country's second-largest political party (Golkar) decided to join the coalition that supports the Prabowo Subianto and Hatta Rajasa pair in the July presidential election.

    Read more ›

  • Jakarta Composite Index: Euphoria on the Indonesian Stock Market

    Investors' appetite for mining and plantation stocks managed to support the benchmark stock index of Indonesia (known as the Jakarta Composite Index or IHSG) on Thursday's trading day (22/05). After the recent decline of the IHSG, market participants continued to accumulate stocks that are considered cheap. Furthermore, indices on Wall Street on Wednesday were up and impacted positively on Asian indices on Thursday, thereby providing positive market sentiments for the IHSG.

    Read more ›

  • Indonesia Stock Market Update: IHSG Climbs 0.29% on Wednesday

    Indonesia Stock Market Update: IHSG Climbs 0.29% on Wednesday

    Although initially the benchmark stock index of Indonesia (known as the Jakarta Composite Index or IHSG) declined shortly after the opening on Wednesday (21/05), during the remainder of the day it went up. This is a trend which we often detect: after a sharp fall we see a rebound on the following day as investors want to take advantage of 'cheap' stocks. However, the rebound was only limited as investors prefer to wait and see for further market sentiments first. The main positive factor today were rising Asian stock indices.

    Read more ›

No business profiles with this tag