JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened up 0.2% at 4149 this morning while regional markets mostly in red.
Asian shares got off on the back foot on Wednesday as continued civil unrest in Hong Kong sapped confidence, Reuters reported. China closed for National Day.
Nymex’s crude oil rose 0.25% to US$89.98 per barrel in Asian trading and gold inched up 0.02% to US$1,214.50 per ounce.
At Jakarta bourse, Bank Rakyat Indonesia gained 1.68%, BW Plantation jumped further 19.8%, Jababeka rose 2.44%, London Sumatra increased 2.1%, and Lippo Karawaci climbed 1.6%.
Other gainers were Waskita Karya (+1.8%) and Pakuwon Jati (+1.24%). While Sentul City dropped 8.9% and Kalbe Farma fell 1.18%.
Investors are waiting economic data released by the Central Bureau of Statistic (BPS) today for September inflation and export/import for August.
Some economists expect the export and import data for August would be positive,
then help the rupiah to strengthen.