JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened flat this morning, inched up 0.05% at 5420, while regional markets mostly in red.
China is projected to report the slowest growth since the global recession for last quarter, boosting speculation that the government will expand stimulus amid a wave of global monetary easing, Bloomberg reported.
Nymex’s crude oil rose 0.68% to US$53.65 per barrel in Asian trading this morning and gold inched up 0.04% to US$1,193.10 per ounce.
Bumi Resources gained 2.5%, Timah rose 1.1%, Bank Tabungan Negara hiked 1.32%, Pakuwon Jati lifted 1%, Bumi Resources Minerals climbed 1.2%, and Berau Coal increased 1.25%. While Perusahaan Gas Negara dropped 4.24% and Matahari Putra Prima fell 2.73%.