JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.47% at 4889 this morning following regional markets.
Asian markets took some comfort from a late spurt by Wall Street on Wednesday as investors tensed for a reading on Chinese economic growth, while rising tensions in Ukraine kept safe-haven sovereign debt well bid, Reuters reported.
Nymex’s crude oil inched up 0.09% to US$103.84 per barrel in Asian trading while gold fell 0.24% to US$1,297.20 per ounce.
In Jakarta bourse, investors aggressively collected shares of PT Bank Tabungan Negara Tbk (BBTN) as the government has shown a strong signal to sell BBTN to PT Bank Mandiri Tbk (BMRI). BBTN jumped 14.17% this early morning trade. While Bank Mandiri gained 1.54%.
Other gainers were London Sumatra (+2.38%), Alam Sutera (+1.8%), Adaro Energy (+1%), and Bumi Resources Minerals (+4.6%).