Market Snapshots

The stock market extended gain on Friday (Jan. 5) as the composite index of the Indonesia Stock Exchange (IDX) rose 0.98% to close at 6,353.74. Late buying supported, while investors intensively accumulated local stocks in the afternoon trade, following gains in global markets. Foreign investors, for five consecutive trading days, booked a net buy of Rp361.4 billion on Friday, bringing year-to-date net buy to Rp1.14 trillion.

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Market Snapshots & Corporate Actions

The stock market remained volatile, but the composite index of the Indonesia Stock Exchange (IDX) regained from losses on Wednesday (Dec 13), closed higher 0.37% at 6,154. Investors were focused on buying mining stocks yesterday as the sector rose 1.01%. Basic industry and chemical sector also gained 2.35%, while trade-service-investment sector rose 1.42%.

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