Positive sentiment coloring movement Composite Stock Price Index at the Indonesian Stock Exchange, Friday (09/07/2012). Leading stocks are expected to boost the index significantly. Research Universe Indonesia Stock Indovest stated today that it will move higher positive sentiment affected the approval of new program of bond purchases by the European Central Bank this morning.
Investors are expected to begin to take action to buy primarily on leading stocks (blue chip). Asian stocks moved higher this morning also affected plus Wall Street and plans new bond purchases by the European Central Bank (ECB). The Nikkei rose 1.8 percent. Wall Street had gained sharply in overnight trading driven by ECB approval confirming the existence of a new bond-buying program, in addition ECB held interest rates again at the level of 0.75 percent.
Some U.S. economic data was also quite encouraging and helped sustain the rise, ISM service sector rose in August, and a private company managed to increase workforce of 201,000 in August exceeded expectations. The Dow rose 244.52 points, or 1.87 percent, the S & P 500 rose 2.04 percent, and the Nasdaq rose 2.17 percent. European stocks close higher after ECB previously confirmed the existence of the new bond-buying program. FTSE index rose 2.1 percent, up 3 percent CAC, DAX rose 2.9 percent.
Investors are expected to begin to take action to buy primarily on leading stocks (blue chip). Asian stocks moved higher this morning also affected plus Wall Street and plans new bond purchases by the European Central Bank (ECB). The Nikkei rose 1.8 percent. Wall Street had gained sharply in overnight trading driven by ECB approval confirming the existence of a new bond-buying program, in addition ECB held interest rates again at the level of 0.75 percent.
Some U.S. economic data was also quite encouraging and helped sustain the rise, ISM service sector rose in August, and a private company managed to increase workforce of 201,000 in August exceeded expectations. The Dow rose 244.52 points, or 1.87 percent, the S & P 500 rose 2.04 percent, and the Nasdaq rose 2.17 percent. European stocks close higher after ECB previously confirmed the existence of the new bond-buying program. FTSE index rose 2.1 percent, up 3 percent CAC, DAX rose 2.9 percent.
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