Indonesian stocks up more than 5 per cent

Jakarta - Indonesia's stock market rose by more than 5 per cent Friday, sparked by regional rebounds following overnight gains on Wall Street and signs that US authorities might take new measures to help the troubled financial sector.

The Indonesia Composite Index closed at 1,891.732 points, a gain of 104.05 points, or 5.82 per cent.

Dealers said the sharp increase was triggered by rebounds of regional markets after overnight gains on Wall Street sparked by hopes of a rescue plan for the US financial sector. (dpa)

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