JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.93% at 4554 Wednesday (Oct 23), but closed off its high.
Asian stock markets surrendered early gains on Wednesday on fears of tighter policy in China, Reuters reported. Japan’s Nikkei lost 1.95%, Hong Kong’s Hang Seng shed 1.36%, and Shanghai deropped 1.25%.
In Jakarta bourse, Alam Sutera jumped 6.67%, Bank Mandiri gained 3.68%, Vale Indonesia increased 2.86%, and Pakuwon Jati rose 3.5%.
Among losers were Bank Tabungan Negara (-2%), Media Nusantara Citra (-3.64%), Global Mediacom (-1%), and Perusahaan Gas Negara (-1.89%).
Nymex’s crude oil fell 0.84% to US$97.47 per barrel. Gold also declined 0.8% to US$1,331.70 per ounce. The rupiah strengthened to Rp11,258 against the US Dollar.