JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened up 0.05% to 4865 this morning while regional markets were mostly in red zone.
Asian shares were on the back foot early on Wednesday, taking their cue from Wall Street as the deepening crisis in Iraq and a report that the U.S. could be loosening restrictions on crude exports triggered a rally in oil prices, Reuters reported.
Nymex”s crude oil incresed 0.6% to US$106.67 per barrel in Asian trading while gold declined 0.36% to US$1,316.50 per ounce.
In Jakarta bourse, Adaro Energy gained 1.32%, Bumi Serpong Damai rose 0.67%, Bumi Resources increased 0.63%, Lippo Karawaci gained 0.52%, and Telkom up 0.6%.
Among losers were Kalbe Farma (-1.2%) and BW Plantation (-1.18%).