Jakarta, CNBC Indonesia– Combined Share Price Index (IHSG) on trades Wednesday(2/12/20) monitored to beof area green, streaked0,52% at level 5.755,1 after investors responded to positive news about the Moderna and Pfizer corona vaccines.
The rise of the JCI triggered several shares to appreciate by tens or even tens of percent. Here are the stocks that managed to shoot high with reliable trading volume.
PT Bank Bukopin Tbk (BBKP) recorded the biggest increase which managed to jump 20% to the price level of IDR 336 / unit. Investors again responded positively to the transformation carried out by Kookmin Bank as the new controller of Bukopin after it occurred takeover from the Bosowa Group.
In addition, there were two names of issuers engaged in the coal sector, in which the sector is indeed receiving various positive sentiments.
It was observed that PT Alfa Energi Investama Tbk (FIRE) and PT Borneo Olah Sarana Sukses Tbk (BOSS) managed to shoot high, respectively 19.64% and 13.04%.
The price of coal has indeed recently shot past the level at the beginning of the year so that it can be said to have recovered from the corona, besides that the Minerba RPP is rumored to be promulgated as a PP in early December.
The main driving force for the domestic capital market today comes mainly from the US jumbo stimulus factor which will be discussed again and also from the news of the two corona vaccines, Pfizer and Moderna, which assesses the readiness of vaccine distribution as assessed by the European Union Medicines Agency which may emerge. later this year.
The global stock market, including Indonesia, likes news about vaccines the most, where when the development of vaccines is positive, market players think that life is normal after mass vaccination will get closer, so that the wheels of the economy will return to spin and will benefit the capital market so that optimism to buy shares will be stronger.
The jumbo stimulus that Mnuchin and Pelosi will discuss will also bring positive news to the stock exchanges of the countries. emerging market especially Indonesia which is still the prima donna for this category.
When this jumbo stimulus melts then the circulation of the US dollar will rise until its value goes down so that domestic assets will become less attractive so that global investors tend to shift their funds to countries emerging market like Indonesia, which will be ready to be flooded with foreign funds.
CNBC INDONESIA RESEARCH TEAM
(trp/trp)
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