On Tuesday (11/03), the IHSG climbed 0.58 percent to 4,704.21 points.


The decision of the Bank of Japan to maintain its low interest rate brought positive market sentiments in Asia as this shows Japan's determination to maintain its monetary easing policy. Other positive news came from India where the trade deficit declined and from China where the Governor of the central bank (Zhou Xiaochuan) said that that deposit rates will be liberalized for one to two years. Moreover, there is a possibility that China's interest rates will rise gradually.

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