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Higher Open Called For Indonesia Stock Market

(RTTNews) - The Indonesia stock market has tracked higher in back-to-back sessions, collecting more than 50 points or 0.8 percent along the way. The Jakarta Composite Index now rests just above the 6,300-point plateau and it's got another solid lead for Tuesday's trade.

The global forecast for the Asian markets suggests mild upside on growing optimism for improved trade. The European markets were mixed and the U.S. bourses were modestly higher and the Asian markets figure to split the difference.

The JCI finished modestly higher on Monday following mixed performances from the financial shares and the resource stocks.

For the day, the index added 21.54 points or 0.34 percent to finish at 6,305.91 after trading between 6,270.54 and 6,315.72.

Among the actives, Bank Danamon Indonesia plunged 2.37 percent, while Bank Mandiri collected 0.32 percent, Bank Negara Indonesia jumped 1.60 percent, Bank Rakyat Indonesia spiked 2.06 percent, Indocement skidded 1.13 percent, Semen Indonesia dropped 1.01 percent, Indofood Suskes added 0.32 percent, Bumi Resources climbed 1.54 percent, Aneka Tambang shed 0.60 percent, Vale Indonesia advanced 1.12 percent and Timah, Bank Central Asia and Indosat were unchanged.
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