JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.08% at 4842 Monday (May 5), but closed off its high as regional sentiment hit. The index moved at range of 4838-4856.
Asian share markets took a turn lower on Monday after a survey of Chinese manufacturing disappointed, while the simmering conflict in Ukraine kept gold and sovereign bonds well bid, Reuters reported.
Adaro Energy gained 2.19%, Vale Indonesia jumped 4.35%, Jababeka rose 2.26%, London Sumatra increased 1.26%, Timah surged 6.76%, and Telkom up 1.09%.
Among losers were Bumi Resources (-1%), BW Plantation (-1.07%), and Bank Negara Indonesia (-1.04%).
Nymex’s crude oil increased 0.55% to US$100.31 per barrel and gold rose 0.84% to US$1,313.80 per ounce. The rupiah strengthened to Rp11,511 against the US Dollar.