JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended down 0.1% at 4893 Wednesday (April 23) as profit taking hits local stocks.
The index gained to reach 4917 points in early morning trade, but one hour after the opening, it was dragged down into negative territory. While regional markets closed in mixed.
Alam Sutera fell 2.75%, Bank Rakyat Indonesia declined 1.72%, Bumi Resources lost 2.84%, and Jababeka fell 3.5%.
Other losers were Adhi Karya (-1.53%), Wijaya Karya (-1.14%), and Bumi Resources Minerals (-3.15%).
Among gainers were coal miner Adaro Energy (+5.94%), state miner Aneka Tambang (+7.36%), BW Plantation (+2.25%), Vale Indonesia (+2.21%), London Sumatra (+2.54%), and state tin producer Timah (+2.64%).
Nymex’s crude oil declined 0.22% to US$101.53 per barrel while gold rose 0.28% to US$1,284.70 per ounce. The rupiah weakened further to Rp11,590 against the US dollar.