JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) gained 0.1% to 5353 at 9.36 am Jakarta time this morning, led by coal stocks.

Berau Coal jumped 8.1%, Delta Dunia climbed 2.72%, Bumi Resources gained 2%, and Adaro Energy rose 1.02%. Investors are prompted to collect coal stocks this morning following report the government has cancelled to apply the  customs exit for coal.

The government opts to boos coal production in boosting the state revenue from coal and mineral sector. Instead, the government might raise the royalty tariff for coal from current 13.5%.

XL Aciata also surged 3.54%, Unilever hiked 1.52%, Matahari Putra Prima lifted 1.54%, and Hanson International climbed 2.8%.

On Monday (Feb 9), foreign investors booked another net buy of Rp365.4 billion, making a total net buy of Rp3.07 trillion year to date.

This morning, Asian equities slipped as tensions over Greek debt terms and escalating conflict in Ukraine sapped risk appetite, while crude oil held its gains after surging on OPEC’s optimistic demand forecast, Reuters reported.

Investors still also concern on the unexpectedly weak trade report from China over the weekend. Nymex’s crude oil fell 1.25% to US$52.20 per barrel in Asian trading this morning while gold inched up 0.06% to US$1,241.70 per ounce.