JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.27% at 4574 Wednesday (Oct 30), helped by late buying.
The index opened higher in morning trade but after 30 minutes trade it turned into negative territory, moving on red zone during the day trading.
Regional markets also closed in green with Japan’s Nikkei and Hong Kong’s Hang Seng gaining more than 1%, after The Fed decided to maintain aggressive policy stimulus amid soft data.
The central bank has held interest rates near zero since late 2008 and has quadrupled the size of its balance sheet to more than $3.7 trillion through three rounds of bond buying, Reuters reported.
In Jakarta bourse, Waskita Karya gained 3.33%, Pakuwon Jati surged 5%, Adaro Energy gained 2.94%, BW Plantation jumped 4.55%, Lippo Karawaci climbed 4.4%, and London Sumatra rose 2.6%.
Nymex’s crude oil declined 0.7% to US$97.50 per barrel. Gold increased 0.16% to US$1,347.70 per ounce. The rupiah weakened further to Rp11,161 against the US Dollar.