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Selasa, 01 Maret 2011

IDX Composite Rebounds Following Regional - The Indonesia Today

Composite index of IDX closed higher by 0.78% at 3,470.35, rebounding from its morning losses following the regional markets direction. Meanwhile, Australian market has been put on hold due to ‘market glitch’.

Blue chips led the market today. ASII rose 0.97%, BBCA hiked 3.28%, and Bank Mandiri jumped 0.87%.

Other gainers of the day were BNBR (4.76%), UNVR (4.52%), MNCN (2.80%), BUMI (2.56%), BRAU (1.92%), and SMGR (1.76%).

Meanwhile, PGAS dropped 2.07%, UNSP lost 1.41%, and Adaro declined 1.01%. DAVO crashed 9.88% on profit taking after recent gain boosted by acquisition report by PT Unilever Indonesia Tbk (UNVR).

In regional markets, Hang Seng gained 1.42%, followed by Shanghai SSE (0.93%), Nikkei (0.92%), and KLSE (0.13%). Meanwhile, Kospi lost 1.54% and Straits Times retreated 0.45%. BSE Sensex advanced 1.37% an hour before closing.

Light sweet crude oil for April 2011 market stood 1.10 points higher to US$98.98 per barrel. Rupiah today strengthened 25 points to Rp8,823 per US dollar according to Bank Indonesia.

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