JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) gained 0.36% at 4717 this morning, but profit taking emerged.
Asian shares lurched lower in a cautious start to the week on Monday, as investors were hobbled by the persistent tensions in Ukraine, uncertainty over Federal Reserve policy and worries about slowing growth in China, Reuters reported.
Nymex’s crude oil increased 0.66% to US$99.46 per barrel in Asian trading this morning. Gold rose 0.3% to US$1,336 per ounce.
In Jakarta bourse, banking stocks led market’s gain. Bank Rakyat Indonesia gained 1.34%, Bank Negara Indonesia rose 1.87%, and Bank Mandiri increased 1.87%.
Other gainers were Alam Sutera (+1.57%), Astra International (1%), Bumi Serpong Damai (+1.19%), Bumi Resources (+1.33%), Kalbe Farma (+1.75%), and Telkom (+1.6%).
While Perusahaan Gas Negara dropped 3.48%.