JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended flat, up 0.02% at 4585 Friday (August 14), regained from earlier losses. It reached its lowest at 4559 today.
Asian shares mostly fell on Friday, and were on track for a steep weekly losses in the wake of China’s surprise currency devaluation on Tuesday, Reuters reported.
Bank Rakyat Indonesia gained 2%, Bumi Serpong Damai rose 1.2%, XL Axiata increased 1.76%, Indofood CBP hiked 2.04%, Jasa Marga lifted 1.85%, and Telkom climbed 1.77%.
Wijaya Karya also jumped 3.56%, United Tractors gained 2.6%, and Japfa Comfeed rose 1.06%.
Among losers were Astra Agro (-2.67%), Aneka Tambang (-2.75%), AKR Corporindo (-2.6%), Alam Sutera (-2.65%), Bank Negara Indonesia (-1.19%), Bank Mandiri (-1.1%), Eagle High Plantation (-2.62%), Indofood (-4.05%), Timah (-2.52%), and London Sumatra (-3.88%).
Nymex’s crude oil fell 0.63% to US$42.71 per barrel, plunged to 6-1/2-year lows after data revealed a big rise in U.S. stockpiles, Reuters reported.
While gold inched up 0.05% to US$1,115.80 per ounce. The rupiah weakened back to Rp13,763 against the US dollar.