Indonesia Shares Tipped To Open In The Green

(RTTNews) - The Indonesia stock market rebounded again on Friday, one session after snapping the four-day winning streak in which it had jumped almost 150 points or 2.5 percent. The Jakarta Composite Index now rests just beneath the 6,285-point plateau and it's looking at another firm lead on Monday.

The global forecast for the Asian markets is upbeat on optimism for overall trade and economy. The European and U.S. markets were up on Friday and the Asian markets are tipped to follow suit.

The JCI finished modestly higher on Friday following mixed performances from the financials and cement and resource stocks.

For the day, the index gained 34.44 points or 0.55 percent to finish at the daily high of 6,284.37 after trading as low as 6,231.47.

Among the actives, Bank Danamon Indonesia shed 0.24 percent, while Bank Mandiri climbed 1.32 percent, Bank Central Asia advanced 0.91 percent, Bank Negara Indonesia lost 0.32 percent, Bank Rakyat Indonesia collected 0.23 percent, Indosat tumbled 1.69 percent, Indocement jumped 1.14 percent, Semen Indonesia skidded 1.59 percent, United Tractors plunged 2.19 percent, Bumi Resources plummeted 2.99 percent, Aneka Tambang lost 0.60 percent, Vale Indonesia soared 2.88 percent, Timah sank 1.21 percent and Indofood Suskes was unchanged.
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