JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.64% at 5205 on Tuesday (May 12)
Asian stock markets were tepid Tuesday after the latest talks between Greece and its European creditors failed to reach agreement on bailout terms as the Greek government runs low on cash, AP reported.
Investors focused buying plantations stocks. Astra Agro jumped 8.66%, Eagle High Plantations surged 10.07%, London Sumatra hiked 11.6%, Gozco Plantations lifted 11.36%, Provident Agro soared 11.43%, and Salim Ivomas gained 5.3%.
In Singapore, First Resources gained 7.48%, Golden Agri rose 4.76% and Indofood Agri climbed 2.63%. While in Malaysia, IJM Plantations dropped 4.86%, KL Kepong fell 1.47%, and Sime Darby down 0.78%.
Other gainers at Jakarta bourse were Indika Energy (+4.86%), Indofood (+4.14%), Charoen Pokphand (+7.88%), and Japfa Comfeed (+6.9%).
While Unilever fell 2.63%, Global Mediacom lost 1%, Hanson International declined 1.4%, Garuda Indonesia shed 1.8%, Visi Media slashed 1.12%, AKR Corporindo dropped 4.23%, Alam Sutera lost 2.38%, Bumi Resources dropped 7.8%, Kalbe Farma slipped 1.97%, and Telkom down 1.58%.
Nymex’s crude oil rose 0.84% to US$59.75 per barrel and gold inched up 0.04% to US$1,183.50 per ounce. The rupiah weakened to Rp13,203 against the US dollar.