JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.58% at 4628 this morning, to tracking Wall Street.
U.S. stocks rallied on Tuesday (March 4), with the S&P 500 closing at a record as concerns about a confrontation between Russia and Ukraine eased, and the market recovered more than all of the previous session’s hefty losses, Reuters reported.
Nymex’s crude oil inched up 0.03% to US$103.36 per barrel in Asian trading while gold declined 0.24% to US$1,334.70 per ounce.
Alam Sutera gained 1.7%, Bank Rakyat Indonesia rose 1.09%, Bank Negara Indonesia increased 1%, Telkom climbed 1.09%, and Waskita Karya hiked 1.47%.