JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.4% at 4360 Friday (Sept. 11), but closed off its high as profit taking hit certain stocks. The index peaked 4381 at today’s trading.
Asian shares rose on Friday following gains on Wall Street, while the dollar firmed after facing pressure from a rise in the yuan, but gains were capped by uncertainty over whether the Federal Reserve will raise interest rates next week, Reuters reported.
Astra Agro jumped 9.09%, Adaro Energy surged 4.63%, Indofood hiked 4.33%, Indocement lifted 4.83%, Indo Tambangraya climbed 6.7%, and Perusahaan Gas Negara jumped 8.05%.
While AKR Corporindo fell 2.6%, Bank Danamon dropped 4.87%, and XL Axiata lost 4.2%.
Nymex’s crude oil fell 2.35% to US$44.84 per barrel and gold declined 0.24% to US$1,106.60 per ounce. The rupiah strengthened slightly to Rp14,306 against the US dollar.