Nyaman tanpa iklan. Langganan BisnisPro

Jakarta stocks rose 0.28% on deflation outlook

JAKARTA: Jakarta Composite Index (JCI), which measures the overall performance of Indonesian shares, advanced 0.28% or 10.83 points to 3,836.97 at the closing session today, on positive sentiment that deflation is predicted to continue in May.The JCI

JAKARTA: Jakarta Composite Index (JCI), which measures the overall performance of Indonesian shares, advanced 0.28% or 10.83 points to 3,836.97 at the closing session today, on positive sentiment that deflation is predicted to continue in May.The JCI was moving in the range of 3,819.31-3,841.43. About one share advanced for every one share that fell and more than a half of the shares traded in JCI today were unchanged.The increase in JCI was led by PT Adaro Energy Tbk which contributed 3.76 points to the index, followed by PT Telekomunikasi Indonesia Tbk 2.37 points, PT Bank Central Asia Tbk 1.43 points, and PT Kalbe Bhakti Investama 1.06 points.Shares that hampered the movement of JCI were PT Bank Rakyat Indonesia Tbk with minus 1.44 points, PT Indocement Tunggal Prakarsa Tbk minus 1.30 points, PT Indo Tambangraya Megah Tbk minus 0.86 point, and PT PT Sinar Mas Agro Resources and Technology Tbk minus 0.68 point.Bank Indonesia Governor Darmin Nasution said last Friday that inflation may not occur in May, estimating a deflation rate of less than 0.1% on a monthly basis, pushing down the yearly headline inflation to between 5.8% and 5.9%.The Central Statistics Agency will announce the official May inflation data tomorrow.An analyst at PT Woori Korindo Securities Indonesia Teuku Hendry Andrean said that the food prices continue to fall and ease the pressure on the inflation pace.Andrean said the rising JCI today also was triggered by the positive sentiment from regional market.Market show positive movement after European leaders leaders said that they will decide on a new aid package for Greece by the end of next month. It was considered as a good signal to counter the debt crisis, said Andrean.Bisnis-27 Index, the index of 27 stocks and launched by business daily newspaper dubbed Bisnis Indonesia, increased 0.28% or 0.92 points to 332.71. Bisnis-27 Index moved within range of 330.99-333.59.Most of the regional markets were traded in green zone. Nikkei-225 rose 0.42% to 9,693.73, Hang Seng hiked 2.16% to 23,684.13, Shanghai SE gained 1.37% to 2,743.47, Kospi climbed 2.32% to 2,142.47, and Straits Times increased 0.44% to 3,154.63.The MSCI Asia Pacific Index inched-up 2.19% to 919.98.

Meanwhile, rupiah climbed 0.06% against the US dollar at IDR8,543. (NOM)

Cek Berita dan Artikel yang lain di Google News dan WA Channel


Penulis : News Editor

Topik

Konten Premium

Dapatkan informasi komprehensif di Bisnis.com yang diolah secara mendalam untuk menavigasi bisnis Anda. Silakan login untuk menikmati artikel Konten Premium.

Artikel Terkait

Berita Lainnya

Berita Terbaru

Nyaman tanpa iklan. Langganan BisnisPro

Nyaman tanpa iklan. Langganan BisnisPro

# Hot Topic

Nyaman tanpa iklan. Langganan BisnisPro

Rekomendasi Kami

Nyaman tanpa iklan. Langganan BisnisPro

Foto

Nyaman tanpa iklan. Langganan BisnisPro

Scan QR Code Bisnis Indonesia e-paper