Mining sector stock prices began to recover from their slump in 2016. This is reflected in the growth of the mining sector index, which rose by more than 42 percent between January 4 and September 21, 2016. The performance of mining stocks outperformed other sectors such as diverse industries and basic industries. Meanwhile, the stock index of the trade sector remained relatively stagnant, recording a slight increase of 2.1 percent.
In addition to recording the highest increase, the mining sector stock price index also outperformed the composite stock price index (IHSG) increase, which only recorded growth of 18.04 percent during the same period. Besides mining stocks, manufacturing sector stocks, comprising diverse industries, basic industries, and consumer goods, managed to record increases above the average stock growth on the Indonesia Stock Exchange (IHSG).
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