JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened down 0.9% at 4345 this morning to tracking regional markets.
Asian shares tumbled on Tuesday, after disappointing U.S. manufacturing data cast a pall over Wall Street and gave investors little reason to hope for stability in emerging markets after their recent rout, Reuters reported.
Nymex’s crude oil increased 0.12% to US$96.55 per barrel in Asian trading while gold declined 0.29% to US$1,256.20 per ounce.
Blue chip stocks led market’s correction. Adaro Energy lost 2.2%, Bumi Resources shed 2.93%, Bank Mandiri dropped 2.3%, Bumi Serpong Damai fell 2.08%, BW Plantation declined 1.58%, London Sumatra down 1.49%, and Telkom slid 1.35%.