The rebound in Asian stock markets following a day of selling pressure fueled by negative sentiment surrounding the US presidential election was used by several stocks to reverse course and rise.
Indo Tambangraya Megah (ITMG) closed up Rp 1,075 per share on November 10, 2016, reaching Rp 17,000 from the previous day's close. This increase was the highest (in rupiah) compared to other issuers. Stocks that rose sharply this time include Gudang Garam (GGRM), Indo Kordsa (TRAM), United Tractor (UNTR), and Tambang Bukit Asam (PTBA), strengthening by more than Rp 500 per share.
On November 10, 2016, the Jakarta Composite Index (IHSG) closed up 35.98 points (0.66 percent) to 5,450.31 from the previous day's close. Shares traded reached 12.7 billion with a value of Rp 8.09 trillion and a frequency of 335.1 thousand times.
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