JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.24% at 4462 Thursday (Nov. 12), but closed off its high as profit taking hit certain stocks ahead of the market close.
Asian shares reversed earlier losses on Thursday as crude oil prices pulled away from their deep overnight lows, while the Australian dollar grabbed the spotlight and surged after a much stronger-than-expected employment report, Reuters reported.
Nymex’s crude oil rose 0.2% to US$43.03 per barrel and gold increased 0.1% to US$1,086.20 per ounce. The rupiah was traded flat at Rp13,575 against the US dollar.