Higher Open Suggested For Indonesia Stock Market

(RTTNews) - The Indonesia stock market has climbed higher in three straight sessions, gathering more than 170 points or 3.4 percent along the way. The Jakarta Composite Index now rests just beneath the 5,180-point plateau and it's called higher again on Friday.

The global forecast for the Asian markets is upbeat, thanks to support from technology stocks and decent economic data. The European markets were down and the U.S. bourses were up and the Asian markets are expected to follow the latter lead.

The JCI finished sharply higher on Thursday following gains from the financials, resource stocks and cement companies.

For the day, the index climbed 51.22 points or 1.00 percent to finish at 5,178.27 after trading between 5,127.10 and 5,187.96.

Among the actives, Bank Danamon Indonesia climbed 1.47 percent, while Bank Mandiri gathered 1.32 percent, Bank Central Asia advanced 0.89 percent, Bank Negara Indonesia collected 0.22 percent, Bank Rakyat Indonesia gained 0.97 percent, Indosat jumped 1.69 percent, Indocement rose 0.20 percent, Semen Indonesia perked 1.59 percent, Astra International soared 3.47 percent, Indofood Suskes sank 0.71 percent, United Tractors skyrocketed 10.45 percent, Astra Agro Lestari shed 0.51 percent, Aneka Tambang surged 11.33 percent, Vale Indonesia accelerated 1.93 percent, Timah rallied 3.95 percent and Bumi Resources was unchanged.
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