JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) dragged down further 0.97% to close at 4532 Wednesday (Feb 26), led by bluc chip stocks.
Asian share markets struggled to scrape together some gains on Wednesday following a flat finish on Wall Street and as concerns over opaque policy moves in China kept investors on edge amid a drought of major economic data, Reuters reported.
Among blue chip stocks, Alam Sutera dropped 3.42%, Bumi Serpong Damai lost 4.58%, Bank Negara Indonesia fell 2.86%, Bumi Respurces shed 3.37%, Kalbe Farma declined 2.44%, and Perusahaan Gas Negara down 1.7%.
While gainers included Bank Tabungan Negara (+1.39%), Bumi Resources Minerals (+0.44%), BW Plantation (+0.75%), and London Sumatra (+2.05%).
Nymex’s crude oil increased 0.15% to US$101.98 per barrel and gold inched up 0.02% to US$1,343 per ounce. The rupiah weakened again to Rp11,669 against the US Dollar.