JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended flat, up 0.04% at 4466, Thursday (Dec. 10), but trade was very volatile. The index moved at range of 4438-4473 during the day trading.
Global stock markets were mostly weaker Thursday after consecutive losses on Wall Street and as New Zealand’s central bank signaled it had finished cutting interest rates, AP reported.
Bank Central Asia gained 3.65%, Bank Danamon rose 1.74%, Charoen Pokphand jumped 5.26%, Gudang Garam increased 1.56%, and Semen Indonesia hiked 2.05%.
While Astra Agro dropped 5%, AKR Corporindo lost 6.29%, Eagle High Plantations shed 9.76%, Vale Indonesia fell 4.58%, Indo Tambangraya slashed 7%, Kalbe Farma lost 4.8%, and London Sumatra dropped 4%.
Nymex’s crude oil rose 0.75% to US$37.44 per barrel while gold declined 0.29% to US$1,073.40 per ounce. The rupiah weakened further to Rp13,954 against the US dollar.