JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened up 0.2% at 4894 this morning to tracking gains in regional markets and Wall Street.
Nymex’s crude oil inched up 0.01% to US$105.35 per barrel in Asian trading while gold inched down 0.07% to US$1,325.70 per ounce.
Bumi Resources gained 1.14%, Timah rose 1.56%, Jababeka climbed 0.9%, and Pakuwon Jati increased 1.16%.
In domestic front, the development of political issues ahead of 9 July Presidential election will affect the investors’ mood. The release of May 2014 trade surplus and June inflation might also help sentiment.