JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) closed higher 0.96% at 4457 Friday (Jan. 22) inline with regional markets and oil price rebound.
Asian markets surged Friday, with major indexes posting over 1 percent gains each, tracking the rally in European and U.S. equities overnight and getting a boost from a slight uptick in oil prices and comments from the European Central Bank (ECB), Cnbc.com reported.
Adaro Energy jumped 14.44%, Bank Rakyat Indonesia rose 4.16%, Charoen Pokphand hiked 4.17%, Indo Tambangraya lifted 6.84%, Indocement climbed 4.39%, Perusahaan Gas Negara jumped 5.51%, and Bukit Asam surged 6.48%.
Nymex’s crude oil rose 3.66% to US$30.61 per barrel while gold retreated 0.24% to US$1,095.60 per ounce. The rupiah strengthened to Rp13,874 against the US dollar.