JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.27% to 5085 Friday (July 18), but closed off its high as profit taking hit.
The index opened in red in morning trade but then regained ground. It moved at range of 5040-5100.
Reuters reported world markets remained under pressure on Friday after the downing of a Malaysian airlines jet at the Ukraine-Russia border, new sanctions on Moscow and unrest in Gaza had sent investors scurrying into defensive assets.
At Jakarta bourse, Aneka Tambang gained 2.67%, Bank Rakyat Indonesia rose 1.09%, Bumi Resources increased 2.58%, Vale Indonesia added 1.07%, Jababeka jumped 3.1%, and Timah lifted 1.12%.
Other gainers were Adhi Karya (+1.88%), Waskita Karya (+1.88%), Wijaya Karya (+2.12%), and Matahari Putra Prima (+8.2%).
Nymex’s crude oil rose 0.56% to US$103.77 per barrel while gold fell 0.53% to US$1,309.90 per ounce. The rupiah weakened to Rp11,706 against the US dollar.