EIDO: Release of Economic Package XI, Strengthening of Index Surpasses Dow Jones

EIDO index skyrocketed 1.32% to 23.00 at the closing of Tuesday’s trading (29/3/2016).
EIDO index was stronger than the market indexes in the US. Dow Jones Industrial Average in the US market increased by 0.56% or by 97.72 points to 17.633,11. Whereas, S&P500 index in the US market strengthened by 0.88% or by 17.96 points to 2.055,01.
The US market was boosted by Yellen’s speech on Tuesday night, while the Indonesian government launched the Economic Policy Package XI on Tuesday afternoon.
Stocks that boosted the index based on %:




ACES


+7,50%




SIMP


+6,02%




MAPI


+4,61%




CPIN


+4,41%




Stocks that reduced the index based on %:




LPKR


-5,65%




SMGR


-3,30%




ADRO


-2,99%




SILO


-2,96%




Source: Bloomberg, 2016