JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.4% at 5292 on Wednesday (May 20), but closed off its high as profit taking emerged ahead of the market close. The index moved at range of 5278-5313 during the day trading.
Asian shares slipped on Wednesday after a mixed day on Wall Street, though Japan’s better-than-expected economic growth lifted the Nikkei to a 15-year high, Reuters reported.
Astra International gained 1.95%, AKR Corporindo rose 2.2%, Alam Sutera increased 1.5%, Bank Central Asia hiked 1.6%, Bank Rakyat Indonesia lifted 1.6%, and Bank Danamon jumped 3.2%.
Other gainers were Eagle High Plantation (+1%), Gudang Garam (+3.49%), Indofood CBP (+2.2%), Indika Energy (+3.5%), Kalbe Farma (+2.3%), Bukit Asam (+3.6%), Timah (+4.5%), and United Tractors (+1.4%).
Krakatau Steel jumped further 9.7%, Surya Citra Media gained 2.2%, Media Nusantara Citra surged 5.4%, Wijaya Karya climbed 3.1%, and MNC Sky Vision lifted 4.3%.
While the losers included Garuda Indonesia (-1.8%), Bumi Resources Minerals (-2.5%), Aneka Tambang (-1.8%), Sentul City (-3.6%), Bumi Resources (-7.2%), Indofood (-1.8%), Vale Indonesia (-1.3%), London Sumatra (-1.5%), Semen Indonesia (-1.3%), and Unilever Indonesia (-1.1%).
Nymex’s crude oil rose 0.98% to US$58.56 per barrel and gold inched up 0.03% to US$1,208.10 per ounce. The rupiah strengthened to Rp13,169 against the US dollar.