Indonesian stocks finished higher on Tuesday in high volatility with foreigner pulled out more than Rp1 trillion through a crossing transaction of CPRO.
Jakarta composite rose 37.628 points (+0.567%) to 6,669.925 with LQ45 added 0.21% to 952.629. There were 51.932 billion shares traded worth of Rp14.084 trillion, including transaction of Rp3.397 trillion in negotiation market. Foreign investors bought a net Rp630.14 billion in regular market. 291 shares rose while 228 declined and 150 unchanged.
Retail sales in Indonesia dropped by 2.2% year-on-year in September of 2021 after a 2.1% fall a month earlier.
The government cancelled the issuance of State Securities and Sukuk for the rest of the year as financing target has been met.
BUKA announced its plan to increase the company’s capital by Rp3.96 trillion through Management and Employee Stock Option Program. The number of shares issued is a maximum of 5,060,345,150 new shares with an exercise price of Rp783 per share, or lower than the company’s initial public offering price of Rp850 per share.
According to JISDOR released Tuesday afternoon, Rupiah climbed 35 points (+0.26%) at 14,268 while spot rate added 15 points (+0.11%) to 14,240.
Shares in Asia-Pacific and Europe were mixed on Monday after Wall Street advanced to another record highs following the approval of an infrastructure spending package while investors awaited the release of U.S. inflation data.
The U.S. House of Representatives late Friday passed a more than $1 trillion infrastructure bill that would provide new funding for transportation, utilities and broadband, among other infrastructure projects.
In cryptocurrencies, Bitcoin and ether hit new all-time highs on Monday evening amid a wider rally in the crypto market.
This week, investors are looking ahead to fresh inflation readings in the U.S. The producer price index and consumer price index are slated for release on Tuesday and Wednesday, respectively.
Oil prices were mixed following a rally on U.S. infrastructure bill. Brent added 20 cents (+0.24%) at $83.63 per barrel and U.S WTI rose 30 cents (+0.34%) at $82.21 a barrel.
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SENSEX.. 60,441.20 (+0.17%)
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For previous market review: Indonesian Stocks Rose after Tapering Announcement
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