Global Stocks Strengthen Today

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

IHSG (Foto/Rizki Meirino)
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.

News Comment

Today's Industry

Photo: Aris Nurjani/VOI

Rabu, 28 Februari 2024 - 12:47 WIB

Carsurin and NBRI Strengthen Strategic Alliance to Propel Indonesia’s EV Industry

PT Carsurin Tbk ("Carsurin") and the National Battery Research Institute ("NBRI") are pleased to announce the signing of a pivotal Strategic Alliance Agreement (SAA), marking a significant advancement…

Beras (Foto/Rizki Meirino)

Rabu, 21 Februari 2024 - 08:43 WIB

Gov’t to Continue Disbursing Rice Assistance

President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…

Ilustrasi pabrik beras. (Foto: DetikFood)

Rabu, 21 Februari 2024 - 08:40 WIB

Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan

The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Rabu, 21 Februari 2024 - 08:23 WIB

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Chairman of PT Jababeka Tbk (KIJA), Setyono Djuandi Darmono met the Minister of Youth and Sports of the Republic of Indonesia (Menpora RI) Dito Ariotedjo at the Kemenpora RI Office, Senayan,…

The Indonesian Embassy in Cairo Receives Aid for Palestine

Senin, 19 Februari 2024 - 17:39 WIB

The Indonesian Embassy in Cairo Receives Aid for Palestine

The Indonesian Embassy in Cairo welcomes the Radjiman Wedyodiningrat Warship (RJW-992) which arrived at the Al Arish Port, North Sinai Province of Egypt at 8.00 A.M. Cairo local time (13/02).…