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Economy and Finance

Development of Covid-19 Vaccine Encourages Strengthening of IHSG

JAKARTA - The domestic stock market opened higher on trading Tuesday (17/11). The Jakarta Composite Index (IHSG) rose 0.50 percent to 5,522.58. Meanwhile, the LQ45 index rose 0.63 percent.  Head of research for Samuel Sekuritas Indonesia, Suria Dharma, said the sentiment of the vaccine Covid-19 still drove the strengthening of the IHSG. "The development of the Covid-19 vaccine encourages market optimism," said Suria, Tuesday (17/11). In addition, he continued. The strengthening of the IHSG was also driven by the strengthening of the United States (US) stock market. The US stock market closed overnight in the green zone with the Dow Jones rising 1.6 percent, the S&P 500 up 1.17 percent, and the Nasdaq gaining 0.8 percent.  Moderna reported positive results for the Covid-19 Vaccine ...