JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.63% at 4,633 on Friday (July 12), in line with most regional markets.
The index gained 1.3% in opening trade, but profit taking emerged, turning the index into negative territory. However the buying ahead of market closing helped the index regained ground.
While Shanghai lost 1.62%. Hong Kong’s Hang Seng, Korea’s KOSPI and Singapore’s Straits Times also closed in red.
In Jakarta bourse, Alam Sutra rose 2.8%, Bank Rakyat Indonesia jumped 3.97%, Adaro Energy increased 1.43%, Bumi Resources hiked 2%, Kalbe Farma lifted 1.4%, and Telkom up 1.7%.
Other gainers were Media Nusantara Citra (+8.47%), Globa Mediacom (+2.56%), and Hanson International (+1.56%).
Bucking the trends were Bumi Serpong Damai (-3.97%), Lippo Karawaci (0.85%), Pakuwon Jati (-1.52%), Bank Mandiri (-2.94%), Waskita Karya (-2.7%), Wijaya Karya (-5.68%), and Multipolar (-1.85%).
Nymex’s crude oil declined 0.24% to US$104.66 per barrel. The rupiah was traded flat at Rp9,980 against the US Dollar.