News Directory

Jakarta (ANTARA) - Composite Stock Price Index of the Indonesia Stock Exchange, Tuesday at the opening of the market rose 0.41 percent, due to the active players buy stocks following the recovery of stocks in the United States.

Composite Stock Price Index (CSPI) Indonesian Stock Exchange (BEI) rose 11.887 points to 2863.921 points and LQ-45 index increased 2.079 points, or 0.38 percent to 551.319 points.

PT Millennium Danatama Securities analyst, Ahmad Riyadi in Jakarta on Tuesday, said the index IDX has a chance to go back through the 2900 points, if the regional exchanges continue to strengthen.

"We are optimistic that the index will again reach the level of 2900 points, due to positive external factors is very supportive," he said.

Ahmad Riyadi said, market participants are actively buying shares of mining stock which was previously mainly suffering from the selloff in stocks.

Shares of mining that much sought after actors, among others, the stock market and the shares of the Earth and the Adaro shares the property industry, he said.

Adaro's mining industry shares sepertgi successfully berpindahtangan of 98.30 million units with a value of Rp202, 07 billion at the exchange rose Rp100 to Rp2.100 per share.

Meanwhile, shares traded as much as the Earth succeeded 161.99 million units with a transaction value of Rp403, 86 billion at the end of the exchange rate rose Rp2.525 or Rp50 per share.

According to him, market participants actively seek stocks of superior and cheaper, because the perpetrator believes the Indonesian economy will grow much better after the Central Bureau of Statistics announced the first quarter of 2010 the economy grew by 5.7 percent.

"We expect the national economy will grow six percent in accordance with estimates of the International Monetary Fund (IMF)," he said.