JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) closes higher 0.78% at 5246 on Wednesday (May 13).
European and Asian shares advanced on Wednesday as expectations of further monetary stimulus in China offset another mixed bag of data from some of the world’s major economies.
Plantation stocks were focus of buying. Astra Agro jumped 7.66% and London Sumatra surged 5.8%.
Astra International gained 2.03%, Alam Sutera hiked 3.25%, Adaro Energy rose 1.64%, Aneka Tambang increased 1.85%, and Bank Rakyat Indonesia lifted 1.25%.
Other gainers were Bumi Serpong Damai (+5.7%), Bumi Resources (+4.2%), Vale Indonesia (+3.3%), Indofood (+3.97%), Lippo Karawaci (+4.44%), Perusahaan Gas Negara (+2.5%), Timah (+6.67%), and Telkom (+1.25%).
Bank Tabungan Negara jumped 4.09%, Matahari Department Store gained 2.58%, Semen Baturaja surged 5.03%, Indocement climbed 2.56%, Charoen Pokphand hiked 2.06%, Pakuwon Jati lifted 4.3%.
While Matahari Putra Prima lost 1.5%, Visi Media fell 2.72%, Indika Energy dropped 2.06%, Indo Tambangraya declined 2.28%, and Semen Indonesia shed 1.51%.
The bourse will close tomorrow for holiday.
Nymex’s crude oil rose 1.2% to US$61.48 per barrel while gold inched down 0.02% to US$1,192.20 per ounce. The rupiah strengthened to Rp13,188 against the US dollar.