JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 2.85% at 4799 Friday (Feb. 5) as market welcomed postive economic data.
The Central Statistics Bureau (BPS) released today that the economy of Indonesia expanded 5.04% year-on-year in the fourth quarter of 2015, slightly higher than most analysts had been expecting. Full-year 2015 gross domestic product (GDP) growth was 4.79% (y/y).
Asian stocks were subdued on Friday and the dollar wobbled ahead of the closely watched U.S. jobs report, which could provide clues on the Federal Reserve’s monetary policy outlook, Reuters reported.
Astra International gained 5.1%, Bank Rakyat Indonesia jumped 7.9%, Bank Negara Indonesia hiked 6.57%, Bank Mandiri lifted 7.8%, Indofood CBP surged 7.4%, Telkom gained 4.48%, and United Tractors climbed 4.2%.
Nymex’s crude oil fell 0.82% to US$31.46 per barrel and gold declined 0.08% to US$1,156.60 per ounce. The rupiah strengthened to Rp13,653 against the US dollar.