Kamis 01 Apr 2021 17:41 WIB

Indonesian Stock Exchange Returned to 6.000 Level

The Indonesian Stock Exchange closed up 25.93 points or 0.43 percent to 6,011.46

Rep: Friska Yolandha/ Red: Elba Damhuri
A man walked pas the trade monitor outside The Indonesian Stock Market.
Foto: Antara/Muhammad Adimaja
A man walked pas the trade monitor outside The Indonesian Stock Market.

REPUBLIKA.CO.ID, JAKARTA -- The Indonesian Stock Exchange (IDX) on Thursday (1/4) afternoon closed higher, breaking the psychological level of 6,000 ahead of Easter holiday. The Composite Stock Price Index (IHSG) closed up 25.93 points or 0.43 percent to 6,011.46 positions.

The 45 leading stocks or LQ45 Index fell 0.94 points or 0.1 percent to 901.86. "The market appreciates the commitment of US President Joe Biden in providing stimulus in the infrastructure sector worth US$ 2 trillion," said Bina Artha Sekuritas analyst Nafan Aji in Jakarta, Thursday.

Market participants also appreciated the release of the Manufacturing Index of Indonesia (PMO), which on average showed expansion. The performance of Indonesia's manufacturing PMI itself increased significantly to the level of 53.2 from 50.9. "The market also appreciates the stability of inflation in the country," said Nafan.

The Central Bureau of Statistics (BPS) recorded inflation in March 2021 at 0.08 percent, said Deputy for Distribution and Services Statistics, BPS Setianto in Jakarta, Thursday. With this inflation, inflation for the calendar year January-March 2021 was recorded at 0.44 percent and year-on-year inflation (yoy) at 1.37 percent.