JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher this morning but then retreated by 0.02% to 4877 while regional markets were mixed.
Reuters reported Asian shares were off to a cautious start near a three-year high on Tuesday while the U.S. dollar was listless as investors took new bets that U.S. monetary policy will stay loose for some time.
Nymex’s crude oil rose 0.2% to US$105.58 per barrel in Asian trading and gold increased 0.42% to US$1,327.60 per ounce.
In Jakarta bourse, investors awaits the release of May 2014 trade statistics and June inflation scheduled
today (July 1st).
The investors’ mood is also affected by the decision of the Democrats Party, chaired by president Sisilo Bambang Yudhoyono (SBY), to support Prabowo-Hatta pair, which will helping cut the gap of electability against its rival Jokowi-Kalla pair.