JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended down 0.1% at 4892 Monday (April 21), reversed earlier gain, as profit taking hit local stocks after their recent gains.
Asian stock markets were subdued on Monday, as tensions in Ukraine kept investors cautious amid an absence of catalysts as several markets remained closed for the Easter holiday, Reuters reported.
In Jakarta bourse, Vale Indonesia lost 2.39%, Jababeka fell 1.12%, Kalbe Farma shed 1.94%, Lippo Karawaci declined 1.35%, and London Sumatra down 1.47%.
Other losers were Adaro Energy (-0.5%), Alam Sutera (-0.9%), Bumi Serpong Damai (-0.62%), BW Plantation (-0.74%), and Timah (-0.72%).
Bank Tabungan Negara also lost 3.3% on acquisition report, Waskita Karya fell 1.35%, Wijaya Karya lost 1.79%, Multipolar declined 1.56%, and Pakuwon Jati dropped 2.43%.
Among gainers were Astra International (+0.96%), Aneka Tambang (+0.89%), MNC Investama (+5.45%), Media Nusantara Citra (+1.57%), Global Mediacom (+8.24%), and Matahari Putra Prima (+1.7%).
Nymex’s crude oil declined 0.14% to US$103.23 per barrel and gold fell 0.5% to US$1,287.40 per ounce. The rupiah weakened to Rp11,430 against the US dollar.