Stocks Climb on Indonesia's Investment Grade Credit Rating
December 16, 2011
Related articles
Asia Stocks Fall as Greek Worries Rattle Investors 3:44pm May 15, 2012
Indonesia Reaches Out to Its Diaspora 9:02am May 15, 2012
Indonesia's JCI Slips Near 2-Month Low On Euro Woes 10:18pm May 14, 2012
Greek Debt Woes Send Markets Reeling 10:17pm May 14, 2012
Asian Markets Fall on Greek Uncertainty 6:50pm May 11, 2012
Post a comment
Please login to post comment
Comments
485108good news in a week of totally crap news
- Previous
- 1
- Next
The Jakarta Composite Index rose 56.08, or 1.5 percent, to 3,757.62 at the midday break on Friday, posting the biggest gain among markets across Asia after Indonesia’s credit rating was raised to investment grade by Fitch Ratings late on Thursday.
Shares of some of the biggest companies in Indonesia including Astra International, Bank Central Asia and Bank Mandiri led the advance.
The market also rose after the House of Representatives approved a land bill that will pave to way for more construction projects, which would help to boost the government’s plan to boost the economy through infrastructure spending.
Jakarta Globe
- Indonesia ‘Most Tolerant Country in the World’: Religious Minister
- Indonesian Maid Spiked Boss' Coffee With Her Menstrual Blood
- Hard-Line FUI Says Lady Gaga Promoter Offered it a Bribe
- More Muslim Groups Demand Cancellation of Lady Gaga’s Jakarta Show
- Indonesia Wilts as Deforestation Moratorium Loopholes Go Unaddressed
- Australia’s Corby Could Walk Free as Soon as Next Year
- Update: Australia, Indonesia Deny Corby Deal
- Tomy Winata to Build Jakarta's Tallest Building
- For Businesses, Going Green Begins at the Office and Ends With a Profit
- Fauzi Accused of Using Jakarta Budget to Support Re-Election
-
6:03pm | Nearly Every High School Stude...
Amazing isn't it how countries like the US, with its higher education being ranked number 1 out of 48 countries recently rated (http://www.univers -
5:55pm | Nearly Every High School Stude...
Wow! Proofs again that we have the SMARTEST most INTELLIGENT kids on earth!!! And since yesterday we also all know that we are "Most Tolerant Coun -
5:54pm | Nearly Every High School Stude...
Wouldn't it save much money if they just gave them all a pass certificate. The amount of organisation and logistics plus security for this event m -
5:53pm | Tomy Winata to Build Jakarta's...
He's going to get his security detail to throw people that cross him off the top floor. -
5:38pm | Lady Gaga Refuses to Tone Down...
Good Lady G! The government of Indonistan needs you more than you need them. -
5:32pm | With Corby Clemency, Indonesia...
Indonesia should release this woman immediately on the basis that she is innocent. Why are they ignoring the proff: www.expendable.tv -
5:31pm | Lady Gaga Refuses to Tone Down...
Ali says Indonesia is tolerant , so heres your chance prove it ....!@$*&!@# -
5:24pm | Ask Atheists, Christians, Shii...
RF2102...well said... ASK SIR if he can drink in Banten?
