JAKARTA (Yosefdardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.2% at 4590 Monday (Oct 28) inline with regional markets. Japan’s Nikkei gained 2.19%.
However, the index closed off its high as profit taking hit. It touched negative territory in afternoon trade but regained ahead of tghe market’s close.
Adhi Karya jumped 6.25%, Bank Maspion also surged 6.9%, Bank Mayapada soared 17.39% and Saranacentral Bajatama hiked 10.96%.
Other gainers were AKR Corporindo (4.95%), Lippo Karawaci (+8.57%), and Telkom (+4.6%).
Nymex’s crude oil inched down 0.01% to US$97.84 per barrel. Gold declined 0.1% to US$1,351.10 per ounce. The rupiah strengthened further to Rp11,018 against the US Dollar.