JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.19% at 5133 Thursday (September 11) as profit taking cut earlier gains.
While Bank Indonesia decided to main its benchmark BI Rate at 7.5%, for 11 consecutive month, as the inflation is still under control. The macro economic stability is also maintained.
Regional markets ended mixed after key monthly data from Australia and China showed mixed results.
At Jakarta bourse, Bank Central Asia fell 1.2%, Bumi Resources declined 1.07%, BW Plantation dropped 5%, Vale Indonesia lost 3.6%, London Sumatra shed 1.4%, and Timah slashed 4.2%.
Other losers were Bank Tabungan Negara (-1.83), Global Mediacom (-2.07%), MNC Investama (-1.65%), Bumi Resources Minerals (-4.98%), and Berau Coal (-1.55%).
Among gainers included Bank Negara Indonesia (+2.65%) and Waskita Karya (+2.34%).
Nymex’s crude oil declined 0.38% to US$91.32 per barrel while gold rose 0.37% to US$1,253.60 per ounce. The rupiah weakened to Rp11,830 against the US dollar.