JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) gained 0.5% to 4939 at opening trade this morning while regional markets were mixed.
Nymex’s crude oil fell 0.94% to US$84.93 per barrel in Asian trading while gole rose 0.36% to US$1,234.40 per ounce.
Astra International gained 1.18%, Aneka Tambang rose 1%, Bank Negara Indonesia increased 1.42%, Perusahaan Gas Negara hiked 1.32%, Waskita Karya lifted 1.2%, Pakuwon Jati gained 1.25%, Matahari Putra Prima jumped 4.59%, and Bumi Resources Minerals rose 1.09%.
Trading however might remain volatile amid concerns on the impact of the U.S. Federal Reserve, mounting risks of recession in the euro zone and a floundering Japanese economy.
At domestic front, investors trading mood is still affected by political risk factors. Trading would be remain volatile ahead of the inauguration of new president on October 20.