Jakarta Globe, Sarah Yuniarni, January 15, 2018
Jakarta.
Indonesia's benchmark stock index closed higher on Monday (15/01), bouncing
back from Friday despite the collapse of a mezzanine floor at the local bourse
in Jakarta, shortly after the end of the day's first trading session.
The Jakarta
Composite Index (JCI) closed 0.19 percent higher at 6,382.
Nafan Aji,
an analyst at brokerage firm Binaartha Sekuritas, said the JCI opened higher at
6,379 on Monday due to strong gains in Asian stocks, spurred by an improvement
in global commodity prices.
The index
reached 6,389 at around 10 a.m., but dropped during the second session.
"The
country's index weakened slightly during the second trading session, likely due
to negative sentiment from a deficit in Indonesia's trade balance, and the
collapse of a first-floor corridor in the Indonesia Stock Exchange [IDX]
building, but it bounced back and [still] closed higher than Friday,"
Nafan said.
Indonesia
recorded a $270 million trade deficit in December, but the country still had a
cumulative $11.84 billion trade surplus for 2017, Central Statistics Agency
(BPS) data shows.
Foreign
investors, who accounted for 37 percent of Monday's trading, bought Rp 1.96
trillion ($147.4 million) more in shares than they sold, while local investors
sold Rp 1.96 trillion more than they bought.
Some
indexes rose during Monday's trading, led by a 1.53 percent gain in the one
that tracks mining stocks, including Vale Indonesia and Medco Energi
Internasional.
The index
that tracks financial stocks, including Bank Mandiri and Bank Central Asia,
gained 0.67 percent.
Gainers
beat decliners by 168 to 175 on Monday.
IDX Floor
Collapse
At least 77
people were injured when a mezzanine floor in the second tower of the IDX
building collapsed shortly after 12 p.m. on Monday.
The tower,
which is also home to the offices of the World Bank, International Finance Corporation,
property consultants and several local lenders, was built in 1998.
The IDX
said in a statement that the building management was still investigating the
cause of the incident. Police have ruled out an explosion as the cause.
The second
trading session started at 1:30 p.m. as normal, despite the incident.
Related Article:
Building Collapse Injures 77 at Indonesia Stock Exchange, Bomb Ruled Out
Floor Collapses at Indonesia Stock Exchange Building
The
collapse of a mezzanine floor of the Indonesia Stock Exchange (IDX) building
on
Monday (15/01) was not caused by a bomb. (Antara Photo/Elo)
|
Related Article:
Building Collapse Injures 77 at Indonesia Stock Exchange, Bomb Ruled Out
Floor Collapses at Indonesia Stock Exchange Building
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