JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.66% at 4347 Wednesday (Sept. 9). The index moved at range of 4323-4366 during the day trading.
Global shares surged on Wednesday, led by the biggest daily gains in Japan for seven years, helping lift the dollar and oil prices as the prospect of more stimulus from China soothed investors rattled by recent market turmoil, Reuters reported. Japan’s Nikkei jumped 7.7% and Hong Kong’s Hang Seng gained 4.1%.
Plantation stocks Astra Agro surged 12.34% and London Sumatra soared 11.74%. Astra International gained 3.83%, Vale Indonesia jumped 8.7%, Indo Tambangraya hiked 8.8%, Jasa Marga lifted 3.9%, Semen Indonesia climbed 5.1%, and Timah gained 5.2%.
While Bank Negara Indonesia fell 1.06%, Bank Mandiri declined 1.14%, Bumi Serpong Damai lost 2%, Perusahaan Gas Negara shed 1.4%, United Tractors slashed 2.7%, and Media Nusantara Citra dropped 2.48%.
Nymex’s crude oil increased 0.52% to US$46.18 per barrel while gold retreated 0.04% to US$1,120.50 per ounce. The rupiah strengthened to Rp14,244 against the US dollar.