Monday, August 26, 2013

Jakarta index up on buying action

Buying action pushed up the Indonesian benchmark stock index in the early trading on Friday after a fall in the previous day.

The index of the Indonesian Stock Exchange (BEI) opened 0.59 percent higher at 4,196.09 points .

The index of 45 most liquid stocks also rose 0.91 percent to 695.78 points.

Chief researcher of Trust Securities Reza Priyambada predicted the BEI index would move to as high as 4,225 points in Friday trading.

Regional markets such as Hang Seng recorded a 0.64 percent rise in index to 22,036.35 points with Nikkei-225 index climbing 2.58 percent to 13,710.45 points and that of Straits gaining 0.33 percent to 3,099.27 points.

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