JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) inched up 0.02% to close at 4556 Tuesday (Feb 18) but trade was highly volatile. The index moved in the range of 4550 to 4570 during the day trading.
Most other Asian shares were softer after solid gains in recent sessions. While Japanese shares surged and the yen sagged on Tuesday after the Bank of Japan doubled loan programs aimed at stimulating bank lending and economic growth.
Nymex’s crude oil increased 0.38% to US$93.35 per barrel and gold rose 0.12% to US$1,320.40 per ounce. The rupiah weakened again to Rp11,826 against the US Dollar after appreciating to Rp11,716 on Monday (Feb 17).
In Jakarta bourse, Aneka Tambang gained 2.42%, Bumi Resources jumped 7.57%, BW Plantation rose 1.14%, London Sumatra climbed 4.2%, Telkom hiked 1.32%, and Bumi Resources Minerals lifted 3.08%.
Among losers were Adaro Energy (-2.05%), Alam Sutera (-1.69%), Bumi Serpong Damai (-1.59%), Jababeka (-2.19%), and Lippo Karawaci (-1.57%).