JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 3.19% at 4390 Monday (Jan 13), but remain down 1.67% year to date.
Asian shares and currencies were mostly firmer on Monday in the wake of surprisingly weak U.S. jobs numbers that added to the case for the Federal Reserve to keep rates low for longer, Reuters reported.
In Jakarta bourse, property, construction and banking stocks led the market’s gain. Among property stocks, Bumi Serpong Damai soared 11.31%, Lippo Karawaci jumped 5.03%, Sentul City hiked 5.23%, Alam Sutera surged 8.73%, and Pakuwon Jati skyrocketed 17.22%. Property stocks have earlier significantly dropped.
Among construction stocks, Adhi Karya gained 7.4%, Waskita Karya soared 16.44%, and Wijaya Karya lifted 8.99%. For banking stocks, Bank Mandiri surged 10.20%, Bank Negara Indonesia climbed 7.5%, and Bank Mandiri gained 6.67%.
Other gainers were Astra International (+3.7%), Bumi Resources (+3.18%), Jababeka (+4.64%), Kalbe Farma (+4.38%), Telkom (+3.5%), Multipolar (+5.56%), Visi Media (+5.19%), and Bumi Resources Minerals (+7.98%).
Among losers were Perusahaan Gas Negara (-0.34%), London Sumatra (-2.93%), and BW Plantation (-1.65%).
Nymex’s crude oil retreated 0.36% to US$92.93 per barrel and gold inched down 0.03% to US$1,246.50. The rupiah strengthened to Rp12,047 against the US Dollar.