D’ORIGIN Advisory, Louisa Rahardjo – Indonesian stocks climbed on Friday after being hammered in previous session tracking rebound in regional markets.
Jakarta composite climbed 55.581 (+0.975%) to 5,758.403 while LQ45 rose 1.29% at 905.219. Trading volume were 4.282 billion shares worth of Rp2.87 including transaction of Rp177.61 billion in negotiation market. Foreign investors sold a net Rp110.72 billion in regular market during midday trade. 230 shares rose, while 153 declined and 125 unchanged.
According to JISDOR, the currency rose 59 points (+0.34%) to 15,194 while spot rate recovered 37 cents (+0.24%) at 15,193.00 against the USD.
Asian stocks were mostly higher despite another tumble in Wall Street while President Donald Trump commented that the declines were caused by the Fed and interest rates. The MSCI Asia Pacific Index edged up from the lowest level since May 2017.
Oil prices climbed even though U.S. crude inventories rose by 6 million barrels last week, the Energy Information Administration said, more than double analysts’ expectations of a 2.6 million-barrel increase. Brent crude rose 47 cents (+0.59%) at $80.73 per barrel while U.S. West Texas Intermediate crude futures added 37 cents (+0.52%) at $71.34 per barrel.
NIKKEI.. 22,572.37 (-0.08%)
SHCOMP.. 2,580.24 (-0.12%)
HSI.. 25,556.04 (+1.15%)
TAIEX.. 9,972.36 (+1.70%)
KOSPI.. 2,157.45 (+1.30%)
S&P/ASX 200.. 5,901.70 (+0.30%)
SENSEX.. 34,459.22 (+1.35%)
STI.. 3,054.23 (+0.22%)
DOW FUT.. 25,414.00 (+0.91%)
S&P FUT.. 2,768.75 (+0.85%)
NASDAQ FUT.. 7,102.75 (+1.02%)