JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened in green this morning but has retreated, turned to red, as profit taking emerged. At 9.25 am Jakarta time, the index inched down 0.06% to 5152.
While regional markets mostly were in green zone, to tracking Wall Street. U.S. stocks advanced on Thursday after conciliatory comments from Russia helped ease concerns about escalation of the conflict in Ukraine and offset some uninspiring earnings, Reuters reported.
Nymex’s crude oil inched up 0.04% to US$95.62 per barrel in Asian trading while gold declined 0.2% to US$1,312.90 per ounce.