JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.32% at 4674 Thursday (March 6) following regional markets sentiment.
Asian shares hit a nine-week high on Thursday as diplomatic efforts moderated the Ukraine crisis, while the euro came under pressure as investors speculated whether the European Central Bank will ease policy later in the day, Reuters reported.
In Jakarta bourse, investors focused buying blue chip stocks. Aneka Tambang jumped 4.63%, Bank Negara Indonesia climbed 4.1%, and Bank Rakyat Indonesia hiked 2.7%.
Property stocks also gained. Alam Sutera surged 3.42%, Bumi Serpong Damai lifted 2.27%, and Lippo Karawaci gained 2.15%.
Plantation stocks, BW Plantation rose 2.56% and London Sumatra jumped 4.2%. Other gainers were Waskita Karya (+5.1%) and Bank Tabungan Negara (+5.86%).
Nymex’s crude oil declined 0.33% to US$101.12 per barrel and gold fell 0.5% to US$1,333.50. Bank Indonesia recorded mid rate of the rupiah at Rp11,554 against the US Dollar.