JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.23% to close at 5337 on Tuesday (Feb 17) but trade was volatile.
The index moved at range of 5319-5343. It gained in early trade in the morning but then fell into negative territory. But late buying helped the index to regain ahead of the market close.
Foreign investors booked net buy of Rp375.83 billion, making their year-to-date net buy to total Rp7.15 trillion.
While U.S. stock futures and many share markets in Asia retreated on Tuesday after talks between Greece and euro zone finance ministers broke down in acrimony, stoking fresh uncertainty over a bailout program that Athens has rejected as “absurd”, Reuters reported.
At Jakarta bourse, Global Mediacom jumped 5.23%, Unilever Indonesia rose 2.28%, Multipolar hiked 8%, Matahari Putra Prima climbed 2.38%, and Visi Media surged 3.38%.
Other gainers were Adaro Energy (+1%), Alam Sutera (+1.6%), Indo Tambangraya (+4.24%), and Perusahaan Gas Negara (+1.4%).
While the losers were Bumi Serpong Damai (-1.7%), AX Axiata (-3.86%), and Timah (-3.26%).
Nymex’s crude oil rose 0.68% to US$53.14 per barrel while golf retreated 0.44% to US$1,221.70 per ounce. The rupiah weakened back to Rp12,757 against the US dollar.