JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.23% at 4708 but trade was volatile. The index moved in red zone during the morning trade and regained to positive during the afternoon session. It moved at range of during the day trading.
Asian stock markets rebounded Monday as investors looked to this week’s meeting of finance ministers from major economies for reassurance about threats to global growth, AP reported.
Coal stocks led market gain. Indika Energy surged 4.92%, Indo Tambangraya jumped 6.67%, and Bukit Asam soared 14%.
Bank Mandiri also gained 1.08%, Eagle High Plantation rose 1.35%, Gudang Garam climbed 1.9%, Indofood CBP hiked 1.9%, Vale Indonesia jumped 5.98%, Indofood Sukses increased 1.9%, Timah hiked 1.8%, and Unilever lifted 1.46%.
Nymex’s crude oil rose 2.74% to US$32.62 per barrel while gold fell 1.73% to US$1,209.50 per ounce. The rupiah strengthened to Rp13,460 against the US dollar.