JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.4% at 4581 this morning inline with regional markets.
Asian shares got off to a slow start Monday as a holiday in Japan sapped liquidity, while the prospect of more policy easing in Europe kept the euro on the defensive to the benefit of the U.S. dollar, Reuters reported.
Nymex’s crude oil dropped 2.84% to US$39.39 per barrel in Asian trading this morning and gold declined 0.8% to US$1,069.30 per ounce.
Japfa Comfeed gained 2.4%, Indosat rose 2.87%, Astra Agro climbed 1.5%, Waskita Karya hiked 1.1%, Bank Mandiri lifted 1.73%, Eagle High Plantation gained 1.13%, and Jababeka increased 1.37%.
During this month, investors mostly collect shares of Charoen Pokphand (+23%), Gudang Garam (+19.3%), Indocement (+16.7%), Semen Indonesia (+16.3%), Surya Citra Media (+16.2%), and Bank Negara Indonesia (+9.4%).
While the laggard stocks this month are Vale Indonesia (-20.6%), London Sumatra (-19.4%), Bukit Asam (-17.5%), Sawit Sumbermas Sarana (-12.1%), Sumber Alfaria Trijaya (-11.5%), and Tower Bersama Infrastructure (-9.1%).
Year to date, Bank Negara Indonesia has fallen 14.8%, Gudang Garam lost 15.6%, Tower Bersama dropped 33%, Vale Indonesia slashed 51%, and Semen Indonesia shed 29.6%.