JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 1.5% at 4666 Thursday (Feb. 4) inline with global markets.
Most Asian stocks jumped Thursday, leading world markets higher as oil prices bounced back and weak U.S. economic data fueled investor hopes that the Fed would slow the pace of rate hikes this year, AP reported. Japanese shares fell as the yen rose against the dollar.
Adaro Energy jumped 7.83%, AKR Corporindo surged 4.17%, Bank Rakyat Indonesia hiked 4.35%, Indofood Sukses lifted 3.66%, London Sumatra climbed 4.3%, Kalbe Farma rose 3.1%, and Unilever gained 3.4%.
Sri Rejeki Isman also soared 11.4%, Surya Citra Media increased 3.46%, Media Nusantara Citra jumped 11.1%, and Hanson International hiked 6.94%.
Nymex’s crude oil rose 0.9% to US$32.60 per barrel and gold increased 0.47% to US$1,146.70 per ounce. The rupiah strengthened to Rp13,662 against the US dollar.