JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 1.7% to 4,478 on Wednesday (July 10) following most markets in the region. While Japan’s Nikkei, Korea’s KOPSI and India’s BSE closed in red.
In Jakarta bourse, blue chips, property and banking stocks led market’s gain. Kalbe Farma gained 2.96%, Perusahaan Gas Negara rose 4.55%, Telkom increased 2.79%, and Trada Maritim hiked 2.19%.
Among banking stocks, Bank Mandiri lifted 3.3%, Bank Negara Indonesia climbed 2.6%, and Bank Central Asia advanced 2.16%.
Property stocks also regained. Alam Sutera surged 4.48%, Bumi Serpong Damai jumped 4.32%, and Lippo Karawaci gained 1.8%.
Other gainers were Waskita Karya (+10.77%), Wijaya Karya (14.79%), Global Mediacom (+2.08%), Multipolar (+2%), and Hanson International (+1.56%).
While losers included Bhakti Investama (-1.16%), Adaro Energy (-2.7%), and BW Plantation (-2.6%).
Nymex’s crude oil increased 1.1% to US$104.68 per barrel. The rupiah weakened to Rp9,970 against the US Dollar.