D’ORIGIN Advisory, Louisa Rahardjo – Indonesian stocks were higher on Monday with investors in which trade surplus was better than expected but exports and imports came below expectations.
Jakarta composite climbed 10.948 (+0.19%) to 5,767.438 while LQ45 rose 0.65% at 908.677. Trading volume were 5.202 billion shares worth of Rp3.18 including transaction of Rp240.49 billion in negotiation market. Foreign investors bought a net Rp160.37 billion in regular market during midday trade. 139 shares rose, while 234 declined, 128 unchanged and 167 untraded.
Indonesia recorded a trade surplus of $230 Million in September of 2018. Exports from Indonesia increased 1.70% from a year earlier to $14.83 billion in September 2018, far below market consensus of a 7.58% rise. Imports to Indonesia rose 14.18% from a year earlier, below expectations of a 24.76% increase.
According to JISDOR, the currency depreciated 52 points (-0.34%) to 15,246 while spot rate declined 20 cents (-0.13%) at 15,220.00 against the USD.
Asian stocks were mostly lower with investors remained cautious over global uncertainty amid U.S. interest rates and U.S. – China trade tensions.
Oil prices rose following the disappearance of a prominent journalist who was a critic of the administration. Brent crude rose $1.02 (+1.28%) at $81.46 per barrel while U.S. West Texas Intermediate crude futures added 79 cents (+1.11%) at $72.13 per barrel.
NIKKEI.. 22,345.63 (-1.54%)
SHCOMP.. 2,586.26 (-0.79%)
HSI.. 25,541.73 (-1.01%)
TAIEX.. 9,929.32 (-1.16%)
KOSPI.. 2,150.42 (-0.53%)
S&P/ASX 200.. 5,850.50 (-0.77%)
SENSEX.. 34,684.42 (-0.14%)
STI.. 3,058.13 (-0.36%)
DOW FUT.. 25,264.00 (-0.21%)
S&P FUT.. 2,762.25 (-0.23%)
NASDAQ FUT.. 7,142.50 (-0.41%)