JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.35% at 4905 Friday (July 4) but closed off its high as profit taking emerged ahead of the market close.
The index moved at range of 4888-4917 during the day trading. Regional markets also gained following gains in Wall Street.
Reuters reported U.S. stocks’ surged to record highs after U.S. jobs data showed the lowest unemployment rate in six years and underscored the strength of the economic recovery.
Property stocks led market’s gain. Bumi Serpong Damai jumped 3.32%, Lippo Karawaci hiked 3.06%, and Alam Sutera rose 1.71%.
Aneka Tambang gained 1.32%, Alam Sutera rose 1.71%, Bank Central Asia increased 1.14%, Jababeka lifted 2.69%, and Telkom climbed 2.02%.
Other gainers were Adhi Karya (+4.49%), Waskita Karya (+2.96%), Wijaya Karya (+2.2%), and Pakuwon Jati (+5.43%).
The rupiah strengthened to Rp11,887 against the US dollar.