JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) gained 0.35% to 5163 this morning following regional markets.
However Asian shares and the dollar began a holiday-shortened week on a strong footing on Monday, Reuters reported.
This week, the trading will be closed for Thursday and Friday for Christmas celebration day. As some investors might have taken their holidays, trading in stocks this week would be quiet but the volatility remain to persist though
limited.
Nymex’s crude oil jumped 6.27% to US$57.13 per barrel in Asian trading while gold fell 1.84% to US$1,196.70 per ounce.
Investors focused buying shares of giant coal miner PT Bumi Resources Tbk (BUMI), then the stock soared 19.7% to Rp85 per share.
Alam Sutera also gained 1.92%, Waskita Karya rose 1.13%, and Berau Coal increased 2.99%.