JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower by 0.37% this morning as profit taking hits local stocks after its 3.35% gain on Monday (Sept 16).

Most markets in the region were also in red zone. While U.S. stocks advanced on Monday after former Treasury Secretary Lawrence Summers withdrew as a candidate for Federal Reserve chairman, Reuters reported.

Nymex’s crude oil declined 0.67% to US$105.88 per barrel in Asian trading this morning.

In Jakarta bourse, Adaro Energy fell 3%, Astra International lost 3.6%, Aneka Tambang declined 1.4%, Bank Rakyat Indonesia shed 1.8%, while Telkom gained 2.25%.