JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) dropped 1% to 5132 at 3 pm Jakarta time, as profit taking hit certain stocks after their recent gains
Asian shares were mostly lower on Monday after sobering data highlighted the sluggishness of the region’s key economies and tempered the lift from much stronger-than-expected U.S. employment numbers, Reuters reported.
Coal stocks were focus of selling. Bumi Resources lost 6.4%, Berau Coal shed 9.3%, Bumi Resources Minerals fell 2.86%, Adaro Energy slashed 1.79%, and Delta Dunia declined 4.98%.
Other losers were Timah (-2.44%), Lippo Karawaci (-2%), Kalbe Farma (-3.37%), BW Plantation (-4%), London Sumatra (-1.98%), Jababeka (-2.94%), Vale Indonesia (-3.63%), and Bank Negara Indonesia (-3.64%).