IDX is closed at 5,955.73, or strengthened by 97.43 points (1.66 percent) from the Thursday`s opening, as well as the 45 prime bonds "LQ45" that registered at 946.23, or increased 20.44 points (2.21 percent).
Indosurya Bersinar Securities` President of Research Department William Surya Wijaya noted here on Thursday that the foreign investors` buying actions have encouraged IDX to continue strengthening.
"The foreign fund flow is relatively strong to encourage IDX`s move," he stated.
According to the Indonesia Stock Exchange`s data, the foreign investors had registered Rp1.02 trillion worth of foreign net buy on Thursday.
Wijaya noted that the massive flow of foreign fund today has something to do with the strong domestic fundamental economy that brings confidence to the foreign investors to place their money in Indonesia`s stock market.
"Amid such (positive) situation, IDX has chances to have some more rebounds in the mid-to long-term period," he remarked.
Thursday`s market has recorded 424,165 transactions with 11.44 billion stocks worth of Rp8.56 trillion traded. Among them, 226 stocks were up, 152 stocks were down, and 135 stocks were stagnant.
From the regional bourses, Japan`s Nikkei has weakened by 42.86 points, or 0.20 percent, to 21,803.61; Hong Kong`s Hang Seng strengthened by 448.91 points, or 1.75 percent, to 26,103.34; and Singapore`s Strait Times was up by 11.34 points, or 0.37 percent, to 3,054.53.
Reporting by Zubi Mahrofi, Azizah Fitriyanti
Editing by Suharto
Reporter: Antara
Editor: Suharto
Copyright © ANTARA 2018
