JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended up 0.14% at 4721 Wednesday (July 29), but closed if its high as profit taking hit certain stocks. The index moved at range of 4720-4765 during the day trading.
Global stock markets rose Wednesday as Chinese shares rebounded after a record sell-off and attention turned to a Federal Reserve meeting that might give clues about the timing of a U.S. interest rate hike, AP reported.
Astra gained 1.18%, Bank Rakyat Indonesia rose 1.06%, Bank Mandiri hiked 1.3%, Bumi Serpong Damai increased 2.39%, Eagle High Plantation jumped 5.5%, Kalbe Farma climbed 2.72%, and Timah surged 6.09%.
Garuda Indonesia gained 5.87%, Visi Media jumped 7.49%, and Bumi Resources Minerals surged 9.62%. While Bank Negara Indonesia fell 2.2%, Adaro Energy fell 1.67%, AKR Corporindo lost 2.07%, Indofood dropped 4.15%, Vale Indonesia shed 3.64%, and Lippo Karawaci fell 2.2%.
Nymex’s crude oil fell 0.92% to US$47.54 per barrel while gold inched up 0.05% to US$1,096.90 per ounce. The rupiah strengthened to Rp13,444 against the US dollar.