JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.29% at 4521, but closed off its high as profit taking hit certain stocks after recent gains. The index peaked at 4553 today.
Asian stocks lost much of their gains from the morning session to close mixed on Monday, as investors eye a host of economic data due this week, Cnbc.com reported.
AKR Corporindo jumped 6.3%, Bank Danamon gained 3.83%, Bank Mandiri rose 4%, London Sumatra surged 6.42%, and Media Nusantara Citra hiked 8.48%.
Nymex’s crude oil declined 0.9% to US$39.61 per barrel and gold inched down 0.08% to US$1,083.20 per ounce. The rupiah weakened to Rp13,837 against the US dollar.