JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.25% at 5152 on Thursday (Dec 11) but trade was volatile. The index moved at range of 5137-5166 during the day trading.
Asian stocks fell on Thursday as falling oil prices added to global growth concerns, while the dollar saw a bit of a respite against the yen and euro after successive sharp losses, Reuters reported.
BW Plantation fell 1.2%, Aneka Tambang lost 1%, Global Mediacom shed 2.%, Multipolar dropped 1.67%, Hanson International slipped 1.47%, and Bumi Resources Minerals slashed 2%.
While Visi Media jumped 7.2%, Alam Sutera rose 1.7%, Bumi Resources hiked 2.9%, Jababeka lifted 1.3%, London Sumatra climbed 1%, Media Nusantara rose 2.2%, Waskita Karya gained 1.25%, and Adhi Karya up 1.1%. Saranacentral Bajatama soared 24.8%.
Nymex’s crude oil rose 0.9% to US$61.49 per barrel while gold fell 0.76% to US$1,220.10 per ounce. The rupiah was traded flat at Rp12,336 against the US dollar.
Meanwhile Bank Indonesia today decided to keep its benchmark BI Rate at 7.75%, also keep Lending Facility rate at 8% and Deposit Facility rate at 5.75%, a consistent step to ensure the inflation would be under control at 4% plus minus 1% in 2015.