JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.7% to 5065 this morning following regional markets.

Japan’s Nikkei had a huge day on Monday, surging 4 percent to stage its biggest rally in 16 months, as investors scooped up bargains after a rout last week caused a 5 percent slump in the index, cnbc.com reported.

Nymex’s crude oil increased 0.23% to US$82.68 per barrel in Asian trading while gold fell 0.21% to US$1,249.10 per ounce.

In Jakarta bourse, investors are also awaiting the announcement of new cabinet under Jokowi’s administration, scheduled to be announced today.

Adaro Energy gained 1.54%, Astra International rose 1.54%, Bank Central Asia increased 1.96%, Bumi Serpong Damai climbed 1.59%, Jababeka hiked 1.1%, Lippo Karawaci lifted 1.49%, London Sumatra jumped 2.29%, and Perusahaan Gas Negara gained 1.32%.