JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) closed flat on Monday (Feb 23), inched up 0.06% to 5403, with late buying helping lift the index from negative territory.

Trade was very volatile. The index moved at range of 5387-5418 during the day trading.

Regional and global shares rose on Monday on relief that Greece had reached a deal to avert an immediate financial crisis, Reuters reported.

Bumi Resources gained 1.04%, PT PP rose 2.27%, Wijaya Karya climbed 1.24%, and Multipolar hiked 2.91%.

While Bank Mandiri fell 1.66%, Bumi Serpong Damai declined 1.18%, Lippo Karawaci lost 1.72%, and London Sumatra shed 2.67%.

Nymex’s crude oil fell 0.83% to US$50.39 per barrel and gold declined 0.46% to US$1,193 per ounce. The rupiah strengthened to Rp12,813 against the US dollar.