IDX Composit Has Limited Opportunity to Strengthen on Friday (17/5)

IDX COMPOSITE (IHSG) – JAKARTA. The Composite Stock Price Index (IHSG) reaffirmed its strengthening in Thursday's (16/5) trading. The IHSG closed with an increase of 0.93% or 66.86 points to 7,246.70.

MNC Securities analyst Herditya Wicaksana said the strengthening of the IHSG's movement was influenced by the global index movement, which mostly strengthened after the release of inflation data from the United States (US) that tended to slow down. In addition, the rupiah also strengthened against the US dollar.

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