JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) gained 0.09% to 4892 this morning opening, but profit taking in certain stocks emerged.
Investors still wait and see and seek clearer direction of Indonesian politics. They also on concern further downfall of rupiah and falling crude oil price.
Asian stocks rose in early trade on Thursday, riding on the optimism of Wall Street after the U.S. Federal Reserve gave a positive assessment of the world’s largest economy and committed to retaining its accommodative monetary policy, Reuters reported.
Nymex’s crude oil rose 0.39% to US$106 per barrel in Asian trading and gold increased 0.32% to US$1,276.80 per ounce.
In Jakarta bourse, Astra International gained 0.7%, BW Plantation rose 0.79%, and London Sumatra up 0.87%. Among losers were Bumi Resources (-4%), Adaro Energy (-1.19%), Jababeka (-1.75%), Vale Indonesia (-1.6%), and Media Nusantara Citra (-1.25%).