JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.5% at 4521 this morning following regional.
Asian share markets rose on Thursday as Wall Street bounced on expectations the Federal Reserve would be confident enough of the U.S. economy to raise rates in December but would then proceed with great caution on further tightening, Reuters reported.
The prospect of the first U.S. hike in almost a decade kept the dollar strong overall and commodities under severe pressure.
Investors also have to steer past a Bank of Japan policy meeting and minutes of the European Central Bank’s last meeting.
Nymex’s crude oil rose 0.47% to US$40.94 per barrel in Asian trading this morning and gold increased 0.78% to US$1,077 per ounce.
Adaro Energy gained 3.48%, Eagle High Plantations jumped 4.68%, XL Axiata surged 6.42%, Indofood hiked 2.78%, Indo Tamnbangraya climbed 2%, Perusahaan Gas Negara lifted 4.64%, and Lippo Karawaci gained 2.58%.