JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 1.62% at 4583 Wednesday (Jan. 27) and regional markets were mostly up.
Aneka Tambang gained 3.5%, AKR Corporindo hiked 4.93%, Eagle High Plantation soared 34.78%, Gudang Garam jumped 5.23%, Indofood Sukses surged 5.88%, London Sumatra lifted 4.6%, Semen Indonesia climbed 5.2%, and Unilever rose 3.68%.
Asian stocks held near the day’s lows on Wednesday as a relapse in oil prices and fresh drops in Chinese stocks made sentiment even more fragile before a U.S. Federal Reserve policy statement due later, Reuters reported.
European markets traded lower Wednesday in a choppy day of trade ahead of the U.S. Federal Reserve’s next statement released later today and as oil slipped, Cnbc.com reported.
Nymex’s crude oil fell 2.38% to US$30.70 per barrel and gold declined 0.26% to US$1,117.30 per ounce. The rupiah strengthened to Rp13,871 against the US dollar.