JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.1% at 5262 on Thursday (Jan 29), but closed off its low. Trade was volatile with the index moving at range of 5253-5267 during the day trading.
Asian shares also extended losses on Thursday after the Federal Reserve took an upbeat view on the U.S. economy and signaled that it remains firmly on track to raise interest rates this year, despite an uncertain global outlook, Reuters reported.
Perusahaan Gas Negara lost 2.87%, Adaro Energy fell 1%, Bumi Resources declined 1%, and London Sumatra shed 1.08%.
While Lippo Karawaci jumped 4.59%, Aneka Tambang gained 1.9%, Adhi Karya increased 1.5%, Waskita Karya rose 1.83%, Global Mediacom hiked 1.37%, Pakuwon Jati lifted 2.04%, and Bumi Resources Minerals climbed 2.27%.
Nymex’s crude oil declined 0.1% to US$44.40 per barell and gold fell 0.74% to US$1,277.70 per ounce. The rupiah weakened further to Rp12,515 against the US Dollar.