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Indonesia Stock Market May Add To Its Winnings

(RTTNews) - The Indonesia stock market has finished higher in nine straight sessions, gathering almost 230 points or 3.8 percent along the way. The Jakarta Composite Index now rests just above the 6,255-point plateau and it has another positive lead for Thursday's trade.

The global forecast for the Asian markets is cautiously optimistic on mixed earnings news and a jump in crude oil prices. The European markets were mixed and the U.S. bourses were higher and the Asian markets figure to split the difference.

The JCI finished modestly higher on Wednesday following gains from the cement and resource stocks, while the financials were mixed.

For the day, the index advanced 32.31 points or 0.52 percent to finish at the daily high of 6,257.81 after moving as low as 6,197.95.

Among the actives, Bank Danamon Indonesia skidded 1.09 percent, while Bank Mandiri surged 3.66 percent, Bank Central Asia shed 0.40 percent, Bank Negara Indonesia soared 3.07 percent, Bank Rakyat Indonesia advanced 0.97 percent, Indosat tumbled 2.65 percent, Indocement spiked 1.88 percent, Semen Indonesia added 0.80 percent, Indofood Suskes jumped 2.37 percent, Aneka Tambang accelerated 2.69 percent, Vale Indonesia gained 2.06 percent, Timah climbed 3.31 percent and Bumi Resources was unchanged.
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