Indonesia Stock Market May Add To Its Winnings

(RTTNews) - The Indonesia stock market on Friday wrote a finish to the two-day slide in which it had fallen more than 80 points or 1.3 percent. The Jakarta Composite Index now rests just shy of the 6,130-point plateau and it's looking at another green light for Monday's trade.

The global forecast for the Asian markets is firm on growing optimism for a resolution in the trade dispute between the United States and China. The European and U.S. markets were up on Friday and the Asian bourses are tipped to follow suit.

The JCI finished modestly higher on Friday following gains from the financial shares, resource stocks and cement companies.

For the day, the index climbed 29.40 points or 0.48 percent to finish at 6,128.35 after trading between 6,092.62 and 6,137.36.

Among the actives, Bank Danamon Indonesia dropped 0.98 percent, while Bank Mandiri climbed 1.09 percent, Bank Central Asia was up 0.08 percent, Bank Negara Indonesia accelerated 2.05 percent, Bank Rakyat Indonesia soared 3.81 percent, Indosat plunged 5.74 percent, Indocement jumped 1.40 percent, Semen Indonesia advanced 1.19 percent, Indofood Suskes perked 2.27 percent, Aneka Tambang added 1.23 percent, Timah rose 0.64 percent and Vale Indonesia and Bumi Resources were unchanged.
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