JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 1.5% at 4653 Friday (October 23) following regional and global markets.
Asia extended a global stock rally on Friday after the European Central Bank signaled its readiness to inject more stimulus, helping the dollar scale a fresh two-month peak against the euro, Reuters reported.
Adaro Energy jumped 5.5%, Alam Sutera surged 4.2%, Bank Rakyat Indonesia hiked 4.67%, Bank Danamon lifted 4.53%, Charoen Pokphand climbed 6.58%, Gudang Garam jumped 5%, Indocement jumped 6.73%, and Kalbe Farma rose 3.18%.
Other gainers were Adhi Karya (+3.08%), Waskita Karya (+5.8%), Pakuwon Jati (+9%), and Garuda Indonesia (+5.35%). The rupiah strengthened further to Rp13,491 against the US dollar.
Nymex’s crude oil rose 0.18% to US$45.46 per barrel and gold increased 0.68% to US$1,174 per ounce. The rupiah