JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 1.35% at 5323 on Friday (Jan 23), its new high, following regional and global markets.
Asian stocks extended a global rally on Friday after the European Central Bank launched a landmark bond-buying stimulus program that buoyed investors’ risk appetite, Reuters reported.
Astra International jumped 4.19%, Bank Rakyat Indonesia gained 3.49%, Bank Negara Indonesia rose 2.52%, Bank Mandiri hiked 3.4%, and Bank Danamon surged 7.3%.
BW Plantation also jumped 9.79%, Gudang Garam lifted 4.05%, Lippo Karawaci climbed 5.63%, and Jababeka gained 3.37%.
Other gainers were Inovisi (+25.26%), Matahari Putra Prima (+3.65%), and Garuda Indonesia (+3.45%).
While Adaro Energy fell 1.48%, Bumi Serpong Damai lost 3.96%, Global Mediacom declined 1.8%, and Bumi Resources Minerals slipped 1.1%.
Nymex’s crude oil rose 2.03% to US$47.25 per barrel while gold declined 0.8% to US$1,295.50 per ounce.
Crude oil prices bounced after Saudi Arabia announced that King Abdullah had died and his successor, Salman, moved quickly to name his own heir to rule the world’s biggest oil exporter.
The rupiah slightly strengthened to Rp12,444 against the US dollar.