|
|
Article: INDONESIA'S BEI INDEX UP ON POSSIBLE GOLKAR-DEMOCRATIC PARTIES COALITION.
- Article from:
- AsiaPulse News
- Article date:
- April 21, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
JAKARTA, April 21 Asia pulse - Indonesian stocks were indirectly boosted by reports the Golkar and Democratic paries were planning to coalesce again in setting up a new government.
"Indeed there is speculation that Golkar's approach to the Democratic Party has boosted investors to use the momentum to enter the bourse," Muhammad AL Fatih, an analyst of BNI Securities, said here on Monday afternoon.
Gains at Wall Street in the USA and regional bourses also automatically bolstered the Indonesian Stock Exchange (BEI) index to strengthen.
The Composite Stock Price Index (IHSG) at BEI index surged 4.11 points to 1,638.9 points, with a total ...