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Indonesian stocks break new record, up by 0.43%

JAKARTA: Bank International Indonesia and CIMB Niaga drove Indonesian shares to book a new high record in the closing session. Jakarta Composite Index (JCI) advanced by 0.43% or 16.10 points to 3,786.10 from 3,769.99 in the yesterday closing. The index

JAKARTA: Bank International Indonesia and CIMB Niaga drove Indonesian shares to book a new high record in the closing session. Jakarta Composite Index (JCI) advanced by 0.43% or 16.10 points to 3,786.10 from 3,769.99 in the yesterday closing. The index was traded as low as 3,764.29 today. Of 418 stocks sustaining the index, for almost every share that rose, one stock fell and 208 stocks were unchanged.Bank International Indonesia surged 13.33 points and Bank CIMB Niaga gained 8.38 points while Indo Tambangraya and XL Axiata were up 1.69 and 1.02 points, respectively.On the contrary, Bank Rakyat Indonesia weighed on the index with minus 5.85 points, while Gudang Garam, Indocement Tunggal Prakarsa, Bank Danamon gave -3.22 points, -3.08 points and -2.99 points.Apparently only four of nine sectors listed in Indonesia Stock Exchange motored the index's performance.Finance turned out to be the leading contributor with 90.19%, followed by trade and services with 23.06%, property, construction and real estate with 4.08% and agricultural sector with 3.96%.Similarly, BISNIS-27 Index also posted similar movement as it was closed 1.43 points or 0.43% higher to 337.03 compared to yesterdays closing. (T02/NOM)

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