JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) gained 1% to 5082 at opening trade this morning on new hope over new president.
Last Friday, Prabowo and Jokowi met up and reconcile themselves, assure the public that no chaotic event will happen today, the Presidential inauguration, and spur optimism for Indonesia reforms in the next five years.
Asian stocks started the week on a brighter note on Monday, after solid U.S. data and earnings calmed tumult in global financial markets and reassured investors worried about the health of the world economy, Reuters reported. Japan’s Nikkei jumped 3.39%.
Nymex’s crude oil gained 0.37% to US$82.06 per barrel in Asian trading while gold fell 0.2% to US$1,239 per ounce.
Adaro Energy gained 3.06%, Aneka Tambang rose 2.1%, Astra International increased 1.53%, Alam Sutera hiked 2.1%, Bank Rakyat Indonesia lifted 2.34%, Bank Mandiri climbed 2%, and Bumi Serpong Damai gained 2.6%.
Other gainers were Timah (+2.68%), Telkom (+1.96%), Adhi Karya (+2.67%), Waskita Karya (+2.17%), and Multipolar (+2.3%).