JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) inched down 0.01% to close at 4412 Friday (Jan 17), but trade was very volatile.
The index opened at 4,408 at morning trade, then fell to 4,391 after one hour of trading, the lowest of day trading. It then regained to highest at 4429 at mid afternoon trade. Unfortunately, profit taking hit since then, dragging the index down at the market’s close.
Astra International dropped 5.14%, Aneka Tambang fell 1.47%, Pakuwon Jati lost 3.64%, Visi Media declined 1.43%, and Berau Coal down 1.04%.
Among gainers were Adhi Karya (+3.56%), Waskita Karya (+8.82%), Bumi Resources Minerals (+4%), Bank Rakyat Indonesia (+2.78%), Bank Mandiri (+1.45%), Bumi Resources (+3.95%), London Sumatra (+2.27%), and Perusahaan Gas Negara (+2.93%).
Nymex’s crude oil increased 0.31% to US$94.39 per barrel and gold inched up 0.02% to US$1,240.40 per ounce. The rupiah weakened to Rp12,127 against the US Dollar.