JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) gained 3.2% to close at 4343 Monday (Oct. 5) inline with regional and global markets.
Asian stocks rose on Monday as expectations for a U.S. interest rate hike this year faded after weaker-than-expected employment data, Reuters reported.
Astra Agro jumped 6.4%, Alam Sutera surged 7.2%, Bank Central Asia climbed 5.68%, Bank Rakyat Indonesia hiked 5.2%, Bank Negara Indonesia lifted 6.1%, and Bank Mandiri gained 6.84%.
Other gainers were XL Axiata (+5.7%), Charoen Pokphand (+9.3%), Eagle High Plantations (+4.1%), Indofood (4.74%), Indocement (+9.8%), PP Properti (+11.85%), Surya Citra Media (+7.09%), Semen Indonesia (+10.4%), Semen Baturaja (+5.09%), and Wijaya Karya (+12%).
Nymex’s crude oil rose 1.2% to US$46.08 per barrel while gold retreated 0.1% to US$1,135.20 per ounce. The rupiah weakened further to Rp14,709 against the US dollar.