JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 1.24% at 4497 this morning in line with regional markets.
Asian stocks gained early on Tuesday, taking heart after seeing Wall Street take the attacks in Paris in stride and surge overnight, while expectations for a rate hike by the Federal Reserve in December kept the dollar on a bullish footing, Reuters reported.
Nymex’s crude oil rose 0.1% to US$41.78 per barrel in Asian trading this morning while gold inched down 0.04% to US$1,083.20 per ounce.
Bank Cental Asia gained 2%, Indofood rose 2.46%, Indocement hiked 3.2%, Jababeka lifted 2.3%, Semen Indonesia climbed 2.1%, Timah increased 2.78%, Lippo Karawaci gained 2.16%, London Sumatra rose 2.89%, and Perusahaan Gas Negara climbed 2.52%.
Investors in Jakarta bourse also wait the BI Rate policy decision today, expecting a cut from current 7.5%. The government also schedules to offer Syariah bonds (sukuk) today through auction mechanism, targeting to raise Rp2 trillion.