JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened down 0.26% at 4805 this morning, extending yesterday’s losses.

IDX dropped 1.61% to 4818 Monday (April 18) led by blus chips stocks. Investors who are weary with political uncertainty opted to liquidate their portfolios.

Asian shares were mixed on Tuesday while liquidity was thin with Japanese markets shut for a public holiday, Reuters reported.

Nymex’s crude oil inched up 0.01% to US$100.85 per barrel in Asian trading while gold declined 0.29% to US$1,295.20 per ounce.

In Jakarta bourse this morning, Astra International fell 1.64%, Bank Rakyat Indonesia declined 1.27%, Bank Negara Indonesia lost 2%, Perusahaan Gas Negara dropped 3.65%, and Telkom shed 3%.

Among gainers were Bank Central Asia (+3.07%), Media Nusantara Citra (+1.13%), Alam Sutera (+0.94%), and Bumi Serpong Damai (+0.97%).