JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.38% at 5208 Thursday (September 18), but closed off its high as profit taking hit certain stocks. The index moved at range of 5186-5216 during the day trading.
Regional markets mostly gained following report that the Federal Reserve on Wednesday renewed its pledge to keep interest rates near zero for a “considerable time.
Astra International gained 1.37%, Bank Central Asia rose 2.45%, Bank Negara Indonesia hiked 3.56%, Bank Mandiri lifted 1.46%, London Sumatra climbed 1.6%, and Perusahaan Gas Negara up 1.26%.
Other gainers were Bank Tabungan Negara (+3.7%), Global Mediacom (+3.58%), Multipolar (+3.73%), and Berau Coal (+6.47%).
While Adaro Energy lost 2.27%, Alam Sutera fell 1.63%, Jababeka shed 1.85%, Adhi Karya slashed 1.33%, Matahari Putra Prima declined 1.52%, Hanson International dropped 2.42%, and Bumi Resources Minerals down 1.69%.
Nymex’s crude oil declined 0.14% to US$94.29 per barrel and gold fell 1.43% to US$1,221.50 per ounce.
The rupiah weakened to Rp12,030 against the US dollar due to some factores such as the global uncertainty related to the Fed rate policy and the growing demand on the US dollar by local companies which hunt the dollar for paying their foreign debts.