Indonesia's stocks edge higher on Iran-Israel ceasefire hopes
Jakarta, June 9 -- Indonesia's benchmark stock index opened slightly higher on Tuesday, tracking gains across global markets as investors weighed signs of easing tensions between Iran and Israel.
The Jakarta Composite Index gained 2.55 points, or 0.05 percent, to 5,344.69, while the LQ45 index rose 1.22 points, or 0.23 percent, to 528.30.
"Dividend investing remains an attractive defensive strategy, particularly when short-term capital gains are difficult to achieve," Kiwoom Sekuritas Head of Research Liza Camelia Suryanata said.
Investor sentiment improved after US President Donald Trump continued pushing for a ceasefire between Iran and Israel and said negotiations with Tehran remained ongoing.
Although both sides have paused attack...
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