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Indonesia Market Update - 27 January

IM Insights
By IM Insights
4 years ago
Translation to English: The Jakarta Composite Index closed lower at the end of last week, the holiday of several countries in the region commemorating the Chinese New Year seemed to influence investors to conduct trading activities. Trade volume was recorded at only Rp 4.2 Trillion outside the negotiation transaction. BMRI closed up 1.9% responded to good financial reports, while BBCA fell 0.4%. The Jakarta Composite Index dropped 0.1% to 6,244.11 levels. The bond market continued its rally amid the continued strengthening of the Rupiah which is around the level of 13,500-13,600 per USD. FR82 (10 years) had a chance changed hands at level 103.3 (6.56%) in the morning session and was slightly corrected in the afternoon session at level 103 (6.60%). The IBPA index gained 0.3% to close at level 276.6.


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