Global Stocks Strengthen Today
By : Wiyanto Dan Aldo Bella Putra | Thursday, September 20 2018 - 14:55 IWST

IHSG (Foto/Rizki Meirino)
INDUSTRY.co.id - Jakarta - The movement of the Asian stock market was again able to turn higher amid fears of a US and Chinese trade war. Market participants responded positively to the release of the BoJ which again held interest rates and gave a positive outlook for the Japanese economy in the future along with its economic recovery.
"In addition, market participants also responded positively to the statement of the Chinese Prime Minister, Le Keqiang, at the World Economic Forum (WEF) forum where although China felt the current economy was uncomfortable with trade tariff confrontation, China had prepared a number of strategies to maintain its economy." said Capital Market analyst Reza Priyambada in Jakarta, Thursday (09/20/2018).
He said, the pace of European stock markets also moved higher along with the attitude of market participants who tried again to rule out the escalation of the trade war between China and the US. The pan-European Stoxx600 index rose 0.21 percent with the support of a number of sectors, especially the resource sector, banks, to automotive. The positive reaction from market participants to PM Le Keqiang's comments in the WEF coupled with the positive number of news issuers helped the European stock market move in the green zone.
Read Also
New Economic Board, GOTO Share Moves Closer to Global Indices
Midday Break, the Composite SMidday Break, the Composite Stock Price…
This is an Effort That Is Done to Maintain Rupiah Stability
First Media Develops Reach to Solo and East Java
20 Percent Biodiesel Is Believed to Be a Solution to Keep Rupiah…
Today's Industry

Sabtu, 04 Februari 2023 - 15:03 WIB
Don’t Let ASEAN Become ‘Proxy’, President Jokowi Says
Minister of Foreign Affairs Retno Marsudi announced that ASEAN foreign ministers will kick off a series of meetings under Indonesia’s 2023 ASEAN Chairmanship.

Sabtu, 04 Februari 2023 - 14:30 WIB
President Jokowi Welcomes ASEAN Foreign Ministers at Merdeka Palace
President Joko “Jokowi” Widodo Friday (02/03) at Merdeka Palace, Jakarta received a courtesy call from ASEAN Foreign Ministers and ASEAN Secretary General Kao Kim Hourn.

Jumat, 03 Februari 2023 - 21:51 WIB
Qatar Airways And Airbus Reach Amicable Settlement In Legal Dispute
Qatar Airways and Airbus are pleased to have reached an amicable and mutually agreeable settlement in relation to their legal dispute over A350 surface degradation and the grounding of A350…

Jumat, 03 Februari 2023 - 19:31 WIB
Universal Robots reports record revenue despite global uncertainty
Universal Robots, the Danish collaborative robot (cobot) company, has reported Q4 revenue of USD 85 million, bringing 2022 annual revenue to USD 326 million, up 5% on 2021. On a constant currency…

Jumat, 03 Februari 2023 - 17:19 WIB
Committed to Being a Net Zero Industrial Estate, Jababeka Inaugurates PLTS Atap and Jababeka Net Zero Forum
After announcing and signing a commitment towards a net zero industrial cluster at the B20 Summit at the G20 Summit series last November 2022, PT Jababeka Tbk realized a Rooftop Solar Power…
News Comment