JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.09% at 5149 on Friday (November 28), regained from its earlier losses.
The index was hit by selling pressure during morning trade and started to rebound in afternoon trade. It moved at range of 5126-5149 during the day trading.
Investors focused buying property stocks. Alam Sutera jumped 7.7%, Sentul City surged 8.5%, Bumi Serpong Damai gained 2%, Pakuwon Jati rose 4.67%, and Agung Podomoro climbed 4.94%.
While Bumi Resources dropped 5.43%, Adaro Energy declined 1.82%, BW Plantation shed 3.36%, and London Sumatra slipped 1.98%.
Nymex’s crude oil dropped 6.72% to US$68.80 per barrel and gold fell 1.14% to US$1,183.80 per ounce. The rupiah weakened to Rp12,196 against the US dollar.