Despite IHSG's positive trend, Indonesia's composite index moved slowly because the country's economic growth had declined from 5.2 percent at Q3 in 2019 to 4.97 at Q4 last year, Binaartha Securities analyst, M Nafan Aji Gusta Utama said in Jakarta, Thursday.
Although there was a negative sentiment on the internal front, the positive response on the global market strengthened the IHSG, mainly after the failed impeachment of United States President Donald Trump, the analyst added.
On Thursday morning, IHSG opened higher at 24.41 points, or 0.41 percent, to 6,002.92.
Before closing, the net foreign buy reached Rp294.72 billion, while 469,357 transactions of 6.46 billion stocks worth Rp7.01 trillion were recorded at Indonesia's stock market today.
Throughout the day, regional markets that strengthened this evening comprised Nikkei rising 554 points, or 2.38 percent, to 23,873.6; Hang Seng Index that climbed 707 points, or 2.64 percent, to 27,493.7, and Straits Times Index that rose 29.88 points, or 0.93 percent, to 3,230.01.
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