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Indonesian shares hit new record on buying in mining shares

Indonesian shares hit new record on buying in mining shares

Indonesian shares rose to a new record high Tuesday led by buying in mining and bank blue chips.
The Jakarta Stock Exchange Composite index closed 11.736 points or 0.6 percent up to 1,925.471 in a moderate trading where gainers slightly led losers 85 to 83 with 61 stocks unchanged.
Nickel miner Antam was up 3.4 percent at 15,200 rupiah, followed by tin miner Timah which climbed 11 percent to 14,000 rupiah on hopes for strong first-quarters earnings due to higher commodity prices.
Bank Mandiri, the country's largest bank by assets, gained 2.8 percent to end at 2,800 rupiah, while Bank Rakyat rose 2.7 percent to 5,650 rupiah.
Meanwhile, the local currency, the rupiah, ended lower as buying from importers led the U.S. dollar to close at 9,103 rupiah, slightly up from Monday's rate of 9,090 rupiah.


Updated : 2021-10-18 19:54 GMT+08:00