JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.04% at 4594 Thursday (Feb 20) but trade was highly volatile.
The index was traded in negative territory during the day trading, but the buying in afternoon session lifted the index to close at positive territory.
While asian stocks tumbled on Thursday and the yen firmed as a survey painted a grim picture of China’s manufacturing sector, heightening uncertainty about the outlook for the region’s economic powerhouse, Reuters reported.
In Jakarta bourse, Adaro Energy gained 2.63%, Bank Central Asia rose 1.46%, Bank Rakyat Indonesia increased 1.87%, Bank Mandiri up 1.1%, Kalbe Farma hiked 1.4%, and Telkom lifted 1.29%.
Among losers were Alam Sutera (-2.59%), Bumi Resources (-1.52%), BW Plantation (-1.48%), Waskita Karya (-2.27%), Wijaya Karya (-2.76%), and Aneka Tambang (-1.42%).
Nymex’s crude oil declined 0.16% to US$102.68 per barrel and gold fell 0.48% to US$1,314 per ounce. The rupiah strengthened to Rp11,772 against the US Dollar.