JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.83% at 4692 Monday (October 26) while regional markets closed mixed.
European equities were lower on Monday morning with investor sentiment cautious after China’s central bank made a surprise rate cut Friday, Cnbc.com reported.
Alam Sutera jumped 4.28%, Bank Rakyat Indonesia surged 3.57%, Bank Danamon hiked 4%, Vale Indonesia lifted 8.93%, and Matahari Department Store climbed 5.77%.
While Aneka Tambang fell 2.77%, AKR Corporindo lost 2.1%, Eagle High Plantation dropped 5.68%, London Sumatra shed 2.3%, Semen Indonesia declined 1.4%, Surya Citra Media lost 5.84%, Matahari Putra Prima dropped 5.64%, and Garuda Indonesia slashed 2.1%.
Nymex’s crude oil rose 0.52% to US$44.83 per barrel and gold increased 0.18% to US$1,164.90 per ounce. The rupiah weakened back to Rp13,643 against the US dollar.