JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.5% at 4490 Monday (Dec.21). Global stocks were mostly higher Monday following Wall Street’s decline as the impact of a long-awaited U.S. interest rate cut faded, AP reported.
Bank Danamon jumped 3.28%, Bank Rakyat Indonesia rose 2.07%, Bumi Serpong Damai increased 2.73%, Charoen Pokphand hiked 2.04%, Indofood CBP lifted 3.02%, Indocement surged 3.81%, Semen Indonesia gained 4.06%, and Timah rose 4.29%.
While Bukit Asam dropped 3.77%, Lippo Karawaci fell 2.65%, and Bank Negara Indonesia declined 2.12%.
Nymex’s crude oil fell 1.18% to US$34.32 per barrel while gold rose 0.5% to US$1,070.40 per ounce. The rupiah strengthened to Rp13,872 against the US dollar.