JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) closed flat at 4870 Wednesday (April 2), inched down 0.08%, but trade was very volatile.
The index opened higher but then turned into red as profit taking occured after 30 minutes of trading. It closed in green at morning trade but turned into red during the afternoon session. The index moved at range of 4857 to 4902.
Meanwhile world share markets extended their rally on Wednesday as investors focused on the good news in a mixed bag of global economic data, Reuters reported.
However trading was still cautious before Thursday’s meeting of the European Central Bank and Friday’s U.S. jobs numbers.
In Jakarta bourse, Perusahaan Gas Negara lost 2.38%, Vale Indonesia fell 1.05%, Timah declined 1.29%, Media Nusantara Citra down 1.12%, and Hanson International shed 1.54%.
Among gainers were Bank Mandiri (+2.01%), Bumi Resources (+2.72%), London Sumatra (+1.8%), Jababeka (+2.58%), and Wijaya Karya (+2.46%).
Nymex’s crude oil declined 0.1% to US$99.64 per barrel while gold increased 0.3% to US$1,283.80 per ounce. The rupiah weakened to Rp11,303 against the US Dollar.