JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 1.26% at 4659 Wednesday (March 5) with the buying focusing in shares of state miner PT Aneka Tambang Tbk (ANTM) and plantation firm PT PP London Sumatra Indonesia Tbk (LSIP).
Aneka Tambang climbed 3.85% to Rp1080 per share with over 24 million shares traded. While London Sumatra jumped 5.9% to Rp2145 per share with over 35 million shares exchanged hands.
Asian stocks also gained and the safe-haven yen remained on the defensive after a sharp tumble on Wednesday, following remarks from Russian President Vladimir Putin that allayed fears of an imminent military conflict in Ukraine, Reuters reported.
Other gaining stocks at IDX were Astra International (+2.9%), Bank Negara Indonesia (+2.55%), Bank Mandiri (+3%), Adhi Karya (+2%), and Wijaya Karya (+2%).
Nymex’s crude oil inched down 0.01% to US$103.32 per barrel and gold declined 0.25% to US$1,334.50 per ounce. The rupiah strengthened to Rp11,580 against the US Dollar.