JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.1% at 4455 this morning led by gains in banking stocks.
Regional markets also supported sentiment. Nymex’s crude oil inched up 0.01% to US$100.07 per barrel in Asian trading and gold rose 0.6% to US$1,282.50 per ounce.
Bank Mandiri gained 1.43% after reporting 17% growth in net profit for 2013. It booked audited profit after tax of Rp18.83 trillion in 2013, compared to Rp16.04 trillion in 2012.
Bank Rakyat Indonesia rose 1.15% and Bank Central Asia increased 0.5%. While Bank Tabungan Negara (BTN) lost 2.9%. BTN booked audited profit after tax of Rp1.56 trillion in 2013, grew by 14.6% from Rp1.36 trillion in 2012. Other gainers were Alam Sutera (+1.85%), Kalbe Farma (+1.07%), London Sumatra (+1.7%), and Adhi Karya (+1.32%).