JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened up 0.1% to 5454 this morning while regional markets were mostly in red.
Asian shares mostly fell this morning as investors grew cautious before upcoming central bank meetings and U.S. jobs data. U.S. stocks closed lower on Wednesday amid a series of economic data that continued to show moderate growth ahead of Friday’s key jobs report, Reuters reported.
Meanwhile China lowered its 2015 economic growth target to ‘around seven percent’ as authorities attempt to set the world’s second-largest economy on a more sustainable expansion path, AFP reported this morning.
Nymex’s crude oil rose 0.31% to US$51.69 per barrel in Asian trading this morning and gold increased 0.2% to US$1,203.30 per ounce.
Adaro Energy gained 1%, Vale Indonesia rose 1%, Timah increased 1.99%, and Bumi Resources Minerals hiked 2%. While Berau Coal fell 3.53%, Alam Sutera lost 1.61%, Global Mediacom shed 1%, and Matahari Putra Prima dropped 2.72%.