JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened up 0.6% at 5214 this morning, following regional markets.
Asian stocks pared gains as Chinese equities fluctuated after the central bank cut interest rates for the third time in six months, Reuters reported.
Nymex’s crude oil rose 0.9% to US$59.39 per barrel in Asian trading this morning and gold increased 0.46% to US$1,190 per ounce.
Alam Sutera gained 2.36%, Bank Rakyat Indonesia rose 1.29%, Bank Negara Indonesia increased 1.1%, Bumi Serpong Damai hiked 1.39%, and Eagle high Plantation lifted 1.5%.
Other gainers were Bank Tabungan Negara (+1.37%), Bank Jawa Timur (+1.67%), Wijaya Karya (+1.6%), Global Mediacom (+1.7%), Multipolar (+1.3%), Matahari Putra Prima (+1%), and Garuda Indonesia (+2.68%).