JCI Up 4.57 Points at Friday's Close  

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  • Bursa Efek Indonesia, Jakarta. TEMPO/Tony Hartawan

    Bursa Efek Indonesia, Jakarta. TEMPO/Tony Hartawan

    TEMPO.CO, Jakarta - The Jakarta Composite Index (JCI) at the Indonesian Stock Exchange (IDX) went up by 4.57 points at the end of Friday's trading session. 

    The JCI rose by 4.57 points or 0.09 percent to close at 5,149.88 points, while the Top 45 (LQ45) Index slid by 0.50 points or 0.06 percent to close at 886.33 points. 

    "The Index managed to slip back into the green zone after suffering from several dips throughout Friday's sessiondriven by an influx of foreign investments," said an analyst for Asjaya Indosurya Securities, William Suryajaya, in Jakarta on Friday. 

    IDX record shows that foreign investors booked a net buy totalling Rp28.755 billion throughout Friday's trading session. 

    It is hoped, said William, that Indonesia's soon-to-be released economic performance figures would provide the IDX with some room for more uptrend. "The market is expecting positive performance figures, especially in light of the recent cuts to fuel subsidies," said William. 

    IDX records show that there were 194,415 transactions throughout Friday's trading session, wherein 5,632 billion shares were traded with a total capitalization of Rp3.945 trillion. 

    Meanwhile across Asia, the Hang Seng Index slid by 16.83 points or 0.07 percent to 23,987.45 points, while the Nikkei jumped by 211.35 points or 1.23 percent to 17,459.85 points, and similarly the Straits Times Index rose by 15.27 points or 0.48 percent to 3,355.21 points. 

    ANTARA