JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.15% at 5160 on Friday (Dec 12), with late selling leading the index to close off its high. The index reached its high at 5178 today.
Asian shares got a lift on Friday after upbeat U.S. spending data suggested weaker oil prices have some upside for the American economy, Reuters reported.
Astra International gained 1.06%, Aneka Tambang rose 1.57%, Bank Rakyat Indonesia increased 1.3%, Media Nusantara Citra hiked 2.59%, Wijaya Karya lifted 1.36%, Multipolar climbed 1.1%, and Bumi Resources Minerals was up 1.7%. Trada Maritim jumped 10.8%.
Among losers were Adaro Energy (-3.3%), Alam Sutera (-1.69%), Timah (-1.25%), London Sumatra (-1.52%), Lippo Karawaci (-1.79%), Bumi Resources (-1.4%), and Bumi Serpong Damai (-1.38%).
Nymex’s crude oil fell 1.23% to US$59.21 per barrel and gold inched down 0.02% to US$1,225.30 per ounce. The rupiah weakened to Rp12,432 against the US dollar.