JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) closed flat, inched up 0.06%, at 4923 on Friday (June 26). Trade was volatile with the index moving at range of 4898-4942 during the day trading.
Global stocks fell on Friday as equity investors sought to cut exposure to risk after Greece and its creditors again failed to resolve their differences, paving the way for a last-ditch effort on Saturday to avert a default, Reuters reported.
Bank Rakyat Indonesia gained 2.7%, Bank Mandiri rose 1%, Kalbe Farma increased 2.12%, Lippo Karawaci hiked 2.88%, Telkom lifted 1.03%, and United Tractors advanced 2.52%.
While Bank Negara Indonesia fell 1.4%, Unilever Indonesia lost 1.9%, Bank Tabungan Negara declined 1.27%, Wijaya Karya shed 1.88%, and Global Mediacom slashed 2.53%.
Nymex’s crude oil declined 0.45% to US$59.43 per barrel while gold rose 0.28% to US$1,175.10 per ounce. The rupiah weakened slightly to Rp13,338 against the US dollar.