October’s Forex Reserve Reigns at a Bullish State
Indonesia’s forex reserves were at USD115.2 billion, higher than was September’s forex reserves of USD114.8 billion.
Indonesia’s forex reserves were at USD115.2 billion, higher than was September’s forex reserves of USD114.8 billion.
In 3Q18 BBNI posted the interest income of IDR13.3 trillion or growing 8.4% y-y.
JCI’s movement was also backed by the construction and property sectors.
Top Gainers: Mining (+1.07%), Property (+0.96%), Finance (+0.75%).
Top Gainers: Consumer (+1.54%), Misc. Industry (+0.79%), Mining (+0.37%).
Narrowed Acceleration in Profit Growth
Indonesia’s 3Q18 GDP grew by 5.17% y-y.
The consumer sector is the main bolster relating to the cancelation of cigarette excise rate hike.
Possible Trade Progress between the U.S. and China