JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 0.47% at 5103 this morning as investors locked in profits after gaining for three consecutive days following the fuel price hike.
Regional markets were also in red zone, to tracking Wall Street overnight after Fed minutes released.
Nymex’s crude oil fell 0.68% to US$74.61 per barrel in Asian trading and gold declined 1.16% to US$1,180.10 per ounce.
Astra International lost 2.8%, Bank Negara Indonesia fell 1.29%, and Matahari Putra Prima declined 1.1%. Aneka Tambang gained 1.08% and Timah rose 1.69%.