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PT Charoen Pokphand Indonesia Tbk (CPIN.JK)

Jakarta - Jakarta Delayed Price. Currency in IDR
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6,575.00+150.00 (+2.33%)
As of 11:29AM WIB. Market open.
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  • Reuters

    SE Asia Stocks-Rise on global stimulus hopes; Indonesia jumps 3.5%

    * Indonesia posts best intraday gain since Aug 2015 * Malaysia central bank decision due later in day * Philippines marks best session in nearly 4 weeks By Anushka Trivedi March 3 (Reuters) - Southeast Asian stock markets rose sharply on Tuesday, with Indonesia posting its biggest intraday gain in over 4 years, as expectations grew global central banks will ease policies to cushion the economic impact from a fast-spreading coronavirus. Markets regained some lost ground this week after major central banks indicated readiness to roll out stimulus measures to help cushion the economic blow, with the Reserve Bank of Australia delivering a quarter-point cut on Tuesday. Investors now await a likely conference call of the Group of Seven finance ministers to discuss measures to deal with the economic impact.