JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 1.55% at 4228 on Tuesday (August 25), but closed off its high. The index moved at range of 4182-4301 during the day trading.
Volatile global markets got some respite from the latest blood-letting on Tuesday as bargain hunters nudged up Asian and European stocks, though China, at the center of the rout, was smashed again, Reuters reported. China’s SSE dropped further 7.63% and Japan’s Nikkei fell 3.96%.
Adaro Energy surged 14.98%, Aneka Tambang jumped 6.38%, Bank Negara Indonesia hiked 5.45%, Bank Danamon lifted 7.09%, Jasa Marga climbed 5.07%, Semen Indonesia jumped 6.94%, and Unilever soared 9.1%.
Other gainers were Matahari Department Store (+5.07%), Wijaya Karya (+4.47%), Nirvana Development (+5.93%), Bank Rakyat Indonesia (+3.83%), Bank Mandiri (+3.98%), and Kalbe Farma (+3.64%).
While Perusahaan Gas Negara fell 1.2%, Jababeka lost 2.06%, Vale Indonesia dropped 4.58%, Indofood shed 5.55%, AKR Corporindo declined 3.1%, Alam Sutera slashed 1.47%, and Astra International down 1.3%.
Nymex’s crude oil rose 2.09% to US$39.04 per barrel while gold fell 0.48% to US$1,147 per ounce. The rupiah weakened further to Rp14,067 against the US dollar.