JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.99% at 5070 Tuesday (July 15) in line with gains in regional and global markets.
Some investors have also started to speculate on outcome of the presidential election based on official counting at sub-district and district level all over the country.
Global stock markets have been supported by dovish policy measures from major central banks amid evidence of an economic recovery, though worries over the pace of growth in Europe and the health of the region’s banks have weighed, Reuters reported.
At Jakarta bourse, Adaro Energy gained 3.62%, Astra International rose 1.33%, Alam Sutera increased 2.4%, Bank Rakyat Indonesia advanced 1.98%, Bank Negara Indonesia added 1%, and Bumi Serpong Damai up 1.88%.
Other gainers were Vale Indonesia (+2.1%), Jababeka (+1.65%), Kalbe Farma (+1.47%), Lippo Karawaci (+1.77%), Timah (+1.45%), Telkom (+1.72%), Bank Tabungan Negara (+4.33%), Waskita Karya (+4.55%), Wijaya Karya (+3.98%), and Multipolar (+3.57%).
While planstations stocks were focus of selling. BW Plantation dropped 5.86% and London Sumatra lost 2.97%.
Nymex’s crude oil declined 0.2% to US$100.70 per barrel while gold rose 0.4% to US$1,312 per ounce. The rupiah weakened further to Rp11,709 against the US dollar.