JAKARTA (AP): Indonesian shares rose to a fresh record Wednesday on capital inflows ahead of an expected rate cut by the central bank.
The Jakarta Stock Exchange Composite index climbed 27.475 points, or 1.4 percent, to 1,922.051 points, with Nickel miner robust trading volume where gainer led losers 96 to 73 with 59 stocks unchanged.
Mining stocks remain stars in market on strong commodity prices.
Nickel and gold miner Antam climbed 11.8 percent to Rp 14,200 while tin miner Timah closed at Rp 12,950 and nickel miner Inco gained 1.8 to end at Rp 61,100.
Meanwhile, the local currency rupiah was rated down as the U.S. dollar closed at Rp 9,115, up from Tuesday's rate of Rp 9,096.***)