IHSG opens higher amid spike in Asian markets

Jakarta (ANTARA) - The Indonesian composite index (IHSG) of the Indonesia Stock Exchange (IDX) opened higher at 63.34 points, or 1.08 percent, to 5,947.51 in the midst of a spike in the Asian markets.

Meanwhile, the index of the 45 most liquid stocks, or LQ45, rose 17.36 points, or 1.82 percent, to 970.63.

"Following the momentum of market correction, investors may utilize this opportunity to buy stocks as in the long term, IHSG is in an uptrend position," Indosurya Bersinar Securities Director William Surya Wijaya noted in Jakarta, Tuesday.

During the day, he projected the IHSG to hover in the range of 5,789 to 6,024.

In the meantime, regional markets that appreciated this morning comprised Nikkei rising 37.54 points, or 0.16 percent, to 23,009.48; Hang Seng Index increasing 279.12 points, or 1.06 percent, to 26,636.1, and the Straits Times Index soaring 37.91 points, or 1.22 percent, to 3,154.22.
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