JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) closed flat on Thursday (Dec 4), gained 0.2% to 5177. But trade was volatile.
It gained 0.2% at opening trade in the morning and turned into negative territory after 2 hours of trading. But the index regained and reached its high at 5199.
Asian stocks rose on Thursday amid fresh signs of resilience in the U.S. economy, Reuters reported.
Adaro Energy jumped 3.65%, Vale Indonesia surged 3.44%, London Sumatra gained 3.89%, Lippo Karawaci rose 2.62%, and Timah hiked 2.07%.
Other gainers were Trada Maritim (+24.8%), Adhi Karya (+1.68%), Pakuwon Jati (+2.9%), and Visi Media (+2%).
While Bank Rakyat Indonesia fell 1.08%, Bumi Resources dropped 3.7%, Kalbe Farma declined 1.64%, Hanson International shed 1.47%, and Bumi Resources Minerals lost 3.93%.
Nymex’s crude oil increased 0.43% to US$67.67 per barrel while gold declined 0.3% to US$1,205 per ounce. The rupiah weakened further to Rp12,318 against the US dollar.