JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) gained 0.48% to 5111 this morning with buying sentiment on local stocks spurred by expectation Jokowi would win the presidential race.
With full security support from Indonesian military (TNI) and the national police, the General Election Commission (KPU) will not suspend the announcement of new president scheduled for tommorrow (July 22).
Asian stock markets inched higher on Monday as investors set aside geopolitical concerns to focus on the generally upbeat flow of U.S. corporate earnings ahead of a host of results due this week, Reuters reported.
Nymex’s crude oil declined 0.56% to US$100.94 per barrel in Asian trading and gold fell 0.42% to US$1,309.40 per ounce.
Astra International gained 1.3%, Alam Sutera rose 1.87%, Adaro Energy increased 1.79%, Aneka Tambang climbed 1.3%, Jababeka hiked 1.13%, and Timah lifted 1.48%.
Waskita Karya also jumped 3.07%, Matahari Putra Prima surged 3.1%, and Wijaya Karya gained 2.45%.