JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.5% at 5445 on Wednesday (Feb 25), but trade was volatile. The index moved at range of 5426-5448 during the day trading.
Asian stocks rose on Wednesday, taking their cues from Wall Street’s gains after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates, Reuters reported.
Astra International gained 1.88%, MNC Investment jumped 5.08%, Bumi Serpong Damai rose 1.92%, Indofood increased 1%, Jababeka advanced 1.1%, and Telkom climbed 2.24%.
Media Nusantara Citra also gained 1.14%, Global Mediacom hiked 1.59%, Multipolar lifted 3.49%, and Pakuwon Jati rose 2.86%.
While Aneka Tambang fell 1%, Bumi Resources dropped 3.16%, Perusahaan Gas Negara lost 1.83%, Matahari Putra Prima shed 2.16%, and Bumi Resources Minerals slashed 3.59%.
Nymex’s crude oil declined 0.14% to US$49.21 per barrel while gold rose 0.9% to US$1,207.70 per ounce. The rupiah weakened further to Rp12,887 against the US dollar.