Business · Markets · 6 hrs ago

Indonesia’s IHSG Opens 0.45% Higher at 5,096

Indonesia’s IHSG Opens 0.45% Higher at 5,096

The IHSG opened 0.45% higher at 5,096 on Tuesday, Indonesia’s main share index.

Investors were weighing economic signals from Indonesia, China and the United States.

China’s consumer inflation slowed to 0.7% in October from 0.9% in September, while producer prices rose faster than expected.

In Indonesia, consumer confidence improved to 119.9 from 118.1 in September, its highest level since May.

The figures point to different pressures: consumer prices in China eased, while costs for producers rose, and Indonesian consumers felt more confident.

China’s trade figures and US inflation were due later on Tuesday, giving investors more data to assess demand and price pressures.

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