JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.43% at 5480 on Monday (April 6) inline with regional markets. The index closed off its high as profit taking hit certain stocks. IDX moved at range of 5465-5489 during the day trading.
Asian shares rose and the dollar steadied but remained under pressure on Monday, after a dismal U.S. jobs report led investors to pare bets the U.S. Federal Reserve would hike interest rates anytime soon, Reuters reported.
Astra International gained 1.55%, Bank Central Asia rose 2.53%, Bumi Resources increased 1.2%, and London Sumatra hiked 1.49%. While Jababeka fell 1.8%, Lippo Karawaci lost 1.1%, Bank Tabungan Negara dropped 3.67%, Waskita Karya shed 1.47%, and Wijaya Karya slashed 1.19%.
Nymex’s crude oil rose 2.7% to US$50.47 per barrel and gold increased 1.66% to US$1,220.80 per ounce. The rupiah strengthened to Rp12,942 against the US dollar.