JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened up 0.3% at 4502 this morning while regional markets muted.
Asian stocks rose modestly on Thursday, taking their cue from gains on Wall Street as the region braced for a resumption of trading in the Chinese markets after a week-long break, Reuters reported.
IDX gained 0.93% to close at 4487 Wednesday. Investors mostly bought miscellaneous industry stocks (+2.8%), mining stocks (+1.02%), property stocks (+2.37%), and finance stocks (+1.55%). Foreign investors booked net buy of Rp222 billion, cutting year to date net sell to Rp11.83 trillion.
Astra International gained 1.63%, Aneka Tambang rose 1.05%, Bank Rakyat Indonesia (+1.02%), Charoen Pokphand increased 1.77%, Vale Indonesia hiked 3%, Indika Energy lifted 3.35%, and Unilever rose 1.2%.
Nymex’s crude oil rose 0.84% to US$48.21 per barrel in Asian trading this morning while gold declined 0.45% to US$1,143.50 per ounce.