JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 1.6% at 4556 Thursday (Dec. 17) following regional and global markets.
Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest rates as a mark of confidence in the world’s largest economy, though the good cheer did not extend to oil where oversupply again pressured prices, Reuters reported.
Adaro Energy gained 3.66%, Bumi Serpong Damai increased 2.98%, Eagle High Plantations surged 7.46%, Charoen Pokphand climbed 3%, Indocement hiked 3.3%, Jasa Marga lifted 4.73%, Perusahaan Gas Negara jumped 6.96%, and Unilever Indonesia gained 4.67%.
Nymex’s crude oil fell 1.15% to US$35.11 per barrel and gold declined 0.8% to US$1,067.90 per ounce. The rupiah strengthened further to Rp14,028 against the US dollar.