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KM Financial Solutions | SE Asia Stocks-Indonesian stocks rise on better GDP growth forecast
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SE Asia Stocks-Indonesian stocks rise on better GDP growth forecast

19 Oct SE Asia Stocks-Indonesian stocks rise on better GDP growth forecast

Posted at 04:58h in News by
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By Hanna Paul
Oct 20 (Reuters) – Southeast Asian stock markets largely
edged up on Friday, with Indonesia bouncing back from three
straight days of losses after the country’s central bank said it
expected GDP would grow better than initially forecast.
Bank Indonesia, which held its benchmark rate
unchanged on Thursday, said economic growth would remain within
its 5.0-5.4 percent forecast in the year, but would be supported
by improved performance in trade, hospitality and manufactur

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