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Illustration (CNN Indonesia / Hesti Rika)
The Composite Stock Price Index Increases to Level 6,352, Investors are Rejoicing
USA - RTI Infocom stated that, investors booked transactions amount IDR 9.09 trillion with a volume of 39.55 billion shares. Meanwhile, foreign market players recorded net selling or net sell in the all market of IDR 50.41 billion.Through this new investment, on Wednesday afternoon (6/27), The Composite Stock Price Index (CSPI) closed up 0.66 percent or 42.2 points to 6,352 in trading making the investors all over the world are rejoicing.
231 shares moved higher, while 196 fell, and 134 others did not move. Then, eight of the 10 sectors indices strengthened, especially the various industrial sectors which rose 2.01 percent at this time closing.
It is reported that, the CSPI performance was in line with the majority of the main Asian stock exchanges which were also being traded in the green zone: the Nikkei index rose 0.78%, the Shanghai index rose 1.09%, the Hang Seng index rose 0.81%, the Straits Times index rose 0.57 %, and the Kospi index rose 0.55%. Supported by The Nikkei225 in Japan rose 1.19 percent, the Kospi index in South Korea rose 0.59 percent, and the Hang Seng index in Hong Kong rose 1.42 percent.
The majority of stock indices in Europe also moved higher. The FTSE100 index in the UK rose 0.08 percent, the DAX index in Germany moved up 0.52 percent, and the CAC All-Tredable index in France rose 0.03 percent.
The release of encouraging economic data has also sparked buying action in regional exchanges.
It is informed that today the profits of Chinese industrial companies in the January-May 2019 period were announced to decline 2.3% on an annual basis. Despite weakening, Trading Economics stated that, the amount is not as big as the January-April 2019 period which reached 3.4%.
Source: https://www.cnnindonesia.com/ekonomi/20190627161241-92-407050/ihsg-menghijau-naik-ke-level-6352
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