Indonesia Share Prices Open Higher

VIVAnews - The Indonesia Stock Exchange is back to the positive territory following today's positive trade after three days of negative movements. 

The Composite Stock Price Index rebounded to 3,955.63 this morning. 

According to an analyst at PT Phillips Securities Indonesia, Armand Dharmasana, the improved share prices were boosted by positive outlook in global equity market. 

He said the New York Stock Exchange gained positive movement on Tuesday following a report that Greece is ready to cut its state budget. 

The index at Dow Jones Industrial Average rose by 33.07 points to 12,878.20, higher closing as of May 2008. The index at S&P 500 increased by 2.72 points to 1,347.05. On the other hand, the Nasdaq recorded a rise of 2.09 points to 2,904.08.