JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended down 0.14% at 4189 Monday (Dec 23), but closed off its low. The trade was volatile.
Asian stocks crept cautiously higher on Monday encouraged by record highs on Wall Street, though an on-going credit squeeze in China created some uncertainty while adding to pressure on emerging market currencies, Reuters reported.
In Jakarta bourse, Alam Sutera fell 1.16%, Bank Mandiri declined 1.87%, Bumi Serpong Damai lost 1.57%, Bumi Resources dropped 1.64%, BW Plantation shed 1.5%, London Sumatra fell 1.57%, and Telkom down 1.19%.
Among gainers were Bank Rakyat Indonesia (+2.19%), Bank Central Asia (+2.7%), and Media Nusantara Citra (+4.08%).
Nymex’s crude oil declined 0.38% to US$98.94 per barrel and gold fell 0.17% to US$1,201.6 per ounce. The rupiah was traded flat at Rp12,246 against the US Dollar.