JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.26% to 5053 Friday (August 8) following global market sentiment. Trade was volatile with the index moving at range of 5048-5076.
World shares tumbled on Friday and oil and gold jumped after U.S. President Barack Obama authorized targeted air strikes in Iraq, raising worries of another drawn-out conflict in the region.
Nymex’s crude oil rose 0.68% to US$98 per barrel and gold increased 0.48% to US$1,318.80 per ounce. The rupiah weakened further to Rp11,822 against the US dollar.
At Jakarta bourse, Bumi Resources dropped 3.5%, Adaro Energy declined 1.18%, Aneka Tambang fell 1.58%, Astra International shed 1.63%, and Vale Indonesia lost 1%.
Other decliners were Bank Tabungan Negara (-2.64%), Wijaya Karya (-1.5%), Global Mediacom (-1.96%), and Berau Coal (-3.39%).
Bucking the trends were Lippo Karawaci (+2.2%), Pakuwon Jati (+5.09%), and Matahari Putra Prima (+1.5%).