Category Archives: Trading

Rupiah to likely record another correction over PSBB re-imposition

    Jakarta (ANTARA) – The rupiah will likely record another correction in the Jakarta interbank market on Friday amid Jakarta administration’s decision on total re-imposition of large-scale social restrictions (PSBB) in the capital since Monday (Sept 17). At 9:44 a.m. local time on Friday, the rupiah shed 63 points, or 0.42 percent, to trade

BI encourages NTT to intensify seaweed farming

Kupang, E Nusa Tenggara (ANTARA) – The Bank Indonesia (BI) – East Nusa Tenggara Office has encouraged local government to intensify seaweed farming to increase production and invite investors in the sector. Head of the BI-East Nusa Tenggara Office I Nyoman Ariawan Atmaja said in a statement here on Sunday that seaweed is a potential

IHSG ends lower as regional markets see correction

Jakarta (ANTARA) – The Jakarta Composite Index (IHSG) closed lower ahead of the weekend as regional stock markets witnessed a correction. The index of the Indonesian Stock Exchange (BEI) closed 40.96 points lower, down 0.78 percent, at 5,239.35, while the index of the 45 most liquid stocks fell 9.12 points, or 1.09 percent, to 825.62

Indonesia’s illiteracy rate falls to 1.78% in 2019

  Jakarta (ANTARA) – Indonesia’s illiteracy rate fell to 1.78 percent of the total population in 2019 from 1.93 percent the year before, an Education and Culture Ministry official said. “The illiteracy rate stood at 1.93 percent, or 3.29 million people, in 2018 and fell to 1.78 percent, or 3.076 million, in 2019,” director general

IHSG strengthening forecast as market awaits US trade balance data

  Jakarta The Jakarta Composite Share Price Index (IHSG) is projected to strengthen on Thursday, as the market awaits the release of the US trade balance data. The Indonesian Stock Exchange (BEI) index rose 12.59 points, or 0.24 percent, to reach 5,324.56, while the index of the 45 most liquid stocks increased 2.86 points, or