Indonesia Market Update - 10 January

Translation to English: The Jakarta Composite Index moved higher by 0.78% at 6,274.5 due to tensions in the US-Iran conflict. Trading volume was recorded at IDR 6.6 Trillion in which foreign investors recorded net purchases of Rp 887.66 billion. BMRI and BBCA shares were the main contributors to the index strengthening by 2.7% and 0.9%. The bond market moved higher by easing US-Iran tensions. The Rupiah exchange rate against the USD also continued to strengthen and touched the level of Rp 13,850 / USD. The 10-year bond yield, FR82, had touched the 7% level. The IBPA Bond Index closed up 0.3% at 271.4.