Jakarta (Antara Bali) - The composite share price index of the Indonesian Stock Exchange (BEI) rose in Friday's morning session to follow the trend in the regional markets.
The index rose 28.56 points or 0.71 percent to 4,033.33 with the index of 45 most liquid stocks (LQ45) up 1.08 percent to 687.96 points.
"Asian markets have continued with the rising trend since yesterday boosted by commitment announced by European Central Bank (ECB)to curb increase in yields of bonds issued by European Union countries," Christine Salim, analyst from Samuel Sekuritas, said.
Positive sentiment also came from US economic data showing better than expected progress made in coping with unemployment and durable goods orders, Christine said here today.
Meanwhile, market players are expecting first half of the year financial reports of issuers such as Astra International (ASII), the country's largest automotive company and Bank Rakyat Indonesia (BBRI) second largest lender to be relatively in line with estimate.(IGT)
COPYRIGHT © ANTARA News Bali 2012
The index rose 28.56 points or 0.71 percent to 4,033.33 with the index of 45 most liquid stocks (LQ45) up 1.08 percent to 687.96 points.
"Asian markets have continued with the rising trend since yesterday boosted by commitment announced by European Central Bank (ECB)to curb increase in yields of bonds issued by European Union countries," Christine Salim, analyst from Samuel Sekuritas, said.
Positive sentiment also came from US economic data showing better than expected progress made in coping with unemployment and durable goods orders, Christine said here today.
Meanwhile, market players are expecting first half of the year financial reports of issuers such as Astra International (ASII), the country's largest automotive company and Bank Rakyat Indonesia (BBRI) second largest lender to be relatively in line with estimate.(IGT)
Editor : Masuki
COPYRIGHT © ANTARA News Bali 2012