JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) gained 0.8% at opening trade this morning following gains in regional markets.
This morning (Friday), Asian stocks were little changed, with investors reluctant to stake out fresh positions after disappointing U.S. employment data and cautious ahead of Greece’s weekend referendum which may decide its future in Europe, Reuters reported.
Nymex’s crude oil fell 0.6% to US$56.58 per barrel in Asian trading this morning while gold rose 0.2% to US$1,166 per ounce. Alam Sutera gained 1.79%, Bumi Resources jumped 5.08%, Indocement Tunggal Prakarsa rose 4.06%, and Perusahaan Gas Negara increased 1.8%.
On Thursday (July 2) Bank Indonesia reported consumers’ confidence in June 2015 declined though still on its optimism level. In fact, the economy is slowing down and consumers have lower expectations over the growth outlook for the economy.