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FX.co ★ Indonesia Stock Market Review

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Forex Analysis:::2009-08-25T13:28:31

Indonesia Stock Market Review

Indonesia shares ended up 1.8% at 2375.874 led by buying in commodities, bank, property stocks. However, this upward move was due to moderate volume as profit-taking by local funds in consumer stocks pulled down the main index from its high.
Among leaders are palm oil company Astra Agro closed up +4.7% at IDR22,100, nickel miner Inco - up +3.8% at IDR4,750, coal miner Bumi +3.4%, Bank Danamon +4.9% at IDR4,825. However, profit-taking affected consumer goods producer Unilever that closed down 3.2% at IDR10,450.

Indonesia Stock Market Review


Best regards,

Analyst: Vladimir Donin

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