JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 1.16% at 4441 Wednesday (Jan 15), but profit taking hit certain stocks.
Asian share markets were mostly higher on Wednesday as the World Bank upgraded its outlook for the global economy while the dollar extended gains in the wake of surprising strength in U.S. consumer spending, Reuters reported.
Among blue chips stocks, Astra International jumped 4.29%, Bank Negara Indonesia rose 3.55%, Bumi Resources hiked 6.79%, Energi Mega surged 7.25%, and Charoen Pokphand lifted 3.29%.
Pakuwon Jati also climbed 3.12%, Matahari Putra Prima jumped 4.75%, and Bumi Resources Minerals gained 3.91%.
While profit taking hit Adaro Energy, Alam Sutera, Bumi Serpong Damai, Jababeka, and Telkom.
Nymex’s crude oil increased 0.1% to US$92.68 per barrel while gold fell 0.61% to US$1,237.80 per ounce. The rupiah weakened to Rp12,077 against the US Dollar.