JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.36% at 5165 Wednesday (August 27) inline with regional markets.
Some might expect a fruitful outcome of a meeting between president SBY and president elect Jokowi in Bali today.
Adaro Energy jumped 5.5%, BW Plantation gained 4.5%, Telkom rose 1.1%, and Bank Tabungan Negara increased 1.32%.
Among losers were Bumi Resources (-2.05%) and Matahari Putra Prima (-1.33%).
Asian equity markets rose on Wednesday after the S&P 500 index closed above the 2,000 mark for the first time ever, cnbc.com reported. Wall Street’s record gains overnight were sparked by better-than-expected reports that cast a favorable light on the economy.
Nymex’s crude oil increased 0.2% to US$94.07 per barrel and gold inched up 0.03% to US$1,285.60 per ounce. The rupiah strengthened to Rp11,708 against the US dollar.