JAKARTA (Indonesia Today) – Composite index of the Indonesia Stock Exchange (IDX) opened up 0.26% at 4,268.02 this morning following gains in regional and global markets.
Asian stocks held steady on Monday and gold, oil and copper hovered near multi-month highs, after markets rallied late last week on hopes that fresh stimulus measures from the developed world’s big central banks will support flagging growth, Reuters reported.
Nymex’s crude Oil price increased 0.56% to US$100.52 per barrel in Asian trading this morning.
In Asia, All Ordinaries and Hang Seng inched up 0.2% each, NZSE gained 0.76% and Straits Times rose 0.4%. But profit taking hit Shanghai and KOSPI with their indexes losing 0.57% and 0.26%, respectively.
In Jakarta bourse, United Tractors gained 1.36%, XL Axiata rose 0.75%, and Bank Mandiri increased 0.63%. (hans@theindonesiatoday.com)