Jakarta stocks open higher as IHSG reaches 5,265.67
The LQ45 blue-chip index also advanced, following a session in which all sectors finished higher.
Indonesian shares began Friday’s session with gains, taking the Jakarta Composite Index (IHSG) to 5,265.67. The benchmark added 14.77 points, equivalent to 0.28 per cent, at the opening on the Indonesia Stock Exchange.
The LQ45, which tracks 45 blue-chip stocks, climbed to 544.37, an increase of 1.31 points or 0.24 per cent.
The opening advance followed Thursday’s 2.66 per cent rally. The IHSG had added 135.87 points to finish at 5,250.90, after closing Wednesday at 5,115.03 as investors awaited MSCI’s index review.
Every sector gained on Thursday, with industry leading at 4.53 per cent. Advancing stocks numbered 560, while 147 fell, and trading amounted to Rp11.98 trillion.
Meanwhile, Antara reported that the rupiah had fallen 0.26 per cent to Rp18,216 per US dollar, approaching its record low of Rp18,279. MSCI’s November review also dropped several Indonesian stocks from its Global Standard and Global Small Cap indices.
