JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.4% at 4605 Wednesday, but closed off high as profit taking hit certain stocks. The index moved at range of 4591-4645 during the day trading.
Asian shares turned mixed on Wednesday as soft export data kept investors cautious ahead of the European Central Bank’s policy meeting later in the week, though Japan’s market was having a go at setting a new peak for the month, Reuters reported.
Investors focused buying plantation stocks. London Sumatra surged 9.56% and Astra Agro jumped 5.84%.
Bumi Resources rose 3.9%, Gudang Garam surged 4.06%, Indocement hiked 4.49%, Semen Indonesia lifted 6.38%, and United Tractors gained 3.38%.
Nymex’s crude oil fell 1.36% to US$45.66 per barrel and gold declined 0.17% to US$1,175.50 per ounce. The rupiah weakened further to Rp13,696 against the US dollar.