JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 1.05% at 4512 Tuesday (Jan. 12) while regional markets closed in red zone.
Asian stocks held near four-year lows and crude oil prices approached a 20 percent drop in less than two weeks, as investors remained wary of China’s volatile financial markets, Reuters reported.
Astra Agro gained 3.4%, Bank Central Asia rose 3.73%, Indofood Sukses Makmur jumped 5.43%, Kalbe Farma hiked 3.6%, Jasa Marga lifted 2.67%, Telkom gained 3.59%, and United Tractors surged 4.72%.
Nymex’s crude oil dropped 2.45% to US$30.64 per barrel while gold inched up 0.05% to US$1,096.80 per ounce. The rupiah strengthened to Rp13,835 against the US dollar.