JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.09% at 5052 Monday (November 17) but trade was very volatile.
The index moved in red zone during half trade in morning session and regained after. The selling however emerged in ten minutes ahead of the market close, leading the index to close flat. IDX moved at range of 5037-5073 during the day trading.
Japanese stocks skidded on Monday, dropped 2.96% after data showed Japan unexpectedly fell into recession in the third quarter as its economy shrank, Reuters reported.
BW Plantation gained 1.06%, Bumi Serpong Damai rose 1.97%, Kalbe Farma increased 1.77%, Waskita Karya hiked 2.53%, Wijaya Karya lifted 1.9%, and Matahari Putra Prima climbed 2.47%.
Among the losers were Bumi Resources (-3.85%), Timah (-2.06%), Global Mediacom (-2.37%), and Bumi Resources Minerals (-1.85%).
Nymex’s crude oil rose 0.9% to US$74.88 per barrel and gold increased 0.2% to US$1,188 per ounce. The rupiah strengthened to Rp12,193 against the US dollar.