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JCI slightly increases 1.04 points to 3,749.79 in midday trading

JAKARTA: Indonesian stocks slightly increased 0.03% or 1.04 points to 3,749.79 in the midday trading reversed its decreasing at the opening session. Indonesian shares movement in line with regional market which rebound after Chinas industrial production

JAKARTA: Indonesian stocks slightly increased 0.03% or 1.04 points to 3,749.79 in the midday trading reversed its decreasing at the opening session. Indonesian shares movement in line with regional market which rebound after Chinas industrial production slowed less than economists forecast.The Jakarta Composite Index (JCI) was moving at the range of 3,738.07-3,754.02. About one share fell for every one share up. More than a half of the shares traded were unchanged.PT Astra International Tbk was one of several stocks that supported the index with positive contribution of 2.37 points. Included in this line are shares of PT Gudang Garam Tbk 1.69 points, PT Bank Rakyat Indonesia Tbk 1.43 points and PT Perusahaan Gas Negara Tbk 1.42 points.Shares that hindered the movement of JCI were PT Telekomunikasi Indoensia Tbk with -5.90 points, PT Adaro Energy Tbk -0.94 point, PT International Nickel Indonesia Tbk -0.87 point and PT Bumi Resources Tbk -0.61 point.BISNIS-27 Index, the stock benchmark covering 27 stocks and launched by business daily newspaper dubbed Bisnis Indonesia, decreased 0.02% or 0.05 point to 322.32. Bisnis-27 Index was moving within range 320.74-323.06.In the regional market, Nikkei 225 rose 1.18% to 9,560.97, Hang Seng in Hong Kong market gained 0.22% to 22,557.15. Shanghai SE hiked 1.01% to 2,727.57, South Korean's Kospi advanced 1.49% to 2,079.07 and Straits Times in Singapore increased 0.06% to 3,060.93.The MSCI Asia Pacific excluding Japan Index jumped 1% to 882.74.The rupiah traded increased 0.06% against the US dollar at IDR8,538. (msw)

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