Stocks, Bonds, and the Rupiah Show Positive Movement

On November 16, 2016, the Indonesian Rupiah strengthened by 24 points (0.18 percent) to 13,345 per US dollar compared to the previous day's closing. Similarly, the Jakarta Composite Index (IHSG) of the Indonesia Stock Exchange rose 2.1 percent to 5,185.465 from the previous day's close. This was the first index increase in the last four days.

Easing concerns about global finance related to US President Donald Trump's protectionist policies and the Federal Reserve's planned interest rate hike were exploited by investors to hunt for stocks and other investment assets. As a result, stock and bond indices moved into positive territory. The Rupiah also strengthened. Asian market trends will continue to determine the movement of the Jakarta Stock Exchange.

The Composite Bond Index (ICBI) on November 16, 2016, also rose 0.9279 points (0.45 percent) to 206.9849 from the previous day's close. The price of the 5-year government bond (FR0053) increased by 0.79 points to 102.9 percent from the previous day's close. Its yield fell by 0.2 points to 7.4973 percent. For the 10-year government bond (FR0056), the price also rose by 1.03 points to 104.6383 percent from the previous day's close. Meanwhile, its yield fell by 0.1482 points to 7.6912 percent.