JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened down 0.72% at 4786 this morning in line with regional markets’ sentiment.
The U.S. Federal Reserve will probably end its massive bond-buying program this fall, and could start raising interest rates around six months later, Fed Chair Janet Yellen said on Wednesday, in a comment which sent stocks and bonds tumbling, Reuters reported.
Nymex’s crude oil inched down 0.01% to US$99.16 per barrel in Asian trading and gold declined 0.69% to US$1,332 per ounce.
Astra International fell 1.9%, Alam Sutera lost 2.27%, Bank Rakyat Indonesia declined 1.53%, Bank Mandiri shed 1.28%, Bank Central Asia dropped 1.87%, and Lippo Karawaci fell 1.6%.