JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) closed flat at 5048 Thursday (November 13) after losing 0.38% in the morning trade. The index reached its lowest at 5029.
Asian shares were resilient in the face of a cooling Chinese economy while oil prices flirted with multi-year lows – unable to stem a drawn-out decline on fears of a glut, Reuters reported.
Aneka Tambang gained 2.17%, Vale Indonesia rose 2.12%, Timah increased 1.23%, Multipolar hiked 3.89%, and Matahari Putra Prima lifted 3.33%.
While Adaro Energy fell 1.96%, Bumi Resources lost 2.78%, Bank Mandiri declined 1.18%, BW Plantation dropped 3.3%, and Bumi Resources Minerals shed 1.75%.
Nymex’s crude oil fell 0.5% to US$76.78 per barrel while gold inched up 0.09% to US$1,160.20 per ounce. The rupiah strengthened to Rp12,191 against the US dollar.