JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.79% at 5177 Monday (September 1) as the market welcomed the country’s improving economic data.
Central Bureau of Statistics (BPS) revealed Monday (September 1) that August 2014 inflation was 0.47%, compared to 0.93% inflation in previous month.
BPS also reported that Indonesia posted trade surplus of US$124 million in July 2014, compared to US$300 million deficit in June 2014. July export declined by 7.99% while import dropped by 10.47%.
Bank Central Asia jumped 4.46%, Bank Mandiri gained 1.2%, Kalbe Farma rose 1.2%, and Telkom hiked 1.69%. Hanson International also gained 1.5% and Visi Media surged 3.23%.
Asian shares balked at the starting gate on Monday, skittish in the face of a deepening Ukraine crisis, Reuters reported.
Nymex’s crude oil rose 1.36% to US$95.96 per barrel while gold declined 0.23% to US$1,285.80 per ounce. The rupiah was traded flat at Rp11,710 against the US dollar.