JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) moved in negative territory during the day trading on Monday (June 1), but late buying helped it to close flat, only down 0.05% at 5214.
The index closed off its low today, moving at range of 5183-5215 during the day trading. Regional market closed in mixed.
The May inflation of 0.5% did not affect the market sentiment as the figure was under the expectation.
Bank Negara Indonesia dropped 3.27%, Bumi Serpong Damai fell 1.05%, Indofood lost 2.74%, Kalbe Farma declined 2.72%, and Timah shed 3.41%.
Other losers were Sekawan Intipratama (-7.79%), Bank Tabungan Negara (-2.49%), Adhi Karya (-2.4%), Wijaya Karya (-2.87%), Global Mediacom (-3.88%), Nirvana Development (-2.24%), and Hanson International (-6.41%).
While Adaro Energy gained 2.33%, Bumi Resources rose 1.28%, Eagle High Plantation jumped 3.99%, London Sumatra lifted 2.7%, XL Axiata surged 3.73%, Vale Indonesia climbed 3.37%, Jasa Marga hiked 8.1%, Waskita Karya gained 2.65%, and Garuda Indonesia rose 3.4%.
Nymex’s crude oil fell 0.95% to US$59.73 per barrel and gold declined 0.21% to US$1,187.30 per ounce. The rupiah weakened to Rp13,230 against the US dollar.
The bourse will close tomorrow (June 2) for the Buddhist holy day of Waisak.