JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.3% at 4953 on Wednesday (June 24), but profit taking in afternoon trade led the index to close off its high. The index moved at range of 4938-4973 during the day trading.
Asian shares rose Wednesday, and Japan’s benchmark hit an 18-year high, amid optimism about a bailout deal between Greece and its creditors, AP reported.
Property stocks led market gain. Lippo Karawaci jumped 8.26%, Alam Sutera hiked 3.64%, Bumi Serpong Damai climbed 2.56%, and Pakuwon Jati rose 4.84%.
Astra Agro also jumped 4.32%, AKR Corporindo surged 5.83%, Bank Danamon hiked 5%, Bumi Resources gained 3.17%, Charoen Pokphand lifted 5.19%, Kalbe Farma advanced 3.35%, and Unilever Indonesia gained 2.2%.
Other gainers were Surya Citra Media (+3.2%), MNC Investama (+5.26%), and Bumi Resources Minerals (+8.5%).
While Bank Rakyat Indonesia dropped 4.63%, Bank Negara Indonesia fell 1.35%, and Bank Mandiri shed 1.49%.
Nymex’s crude oil rose 0.64% to US$61.40 per barrel while gold declined 0.06% to US$1,175.90 per ounce. The rupiah strengthened to Rp13,280 against the US dollar.