JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 1% at 5108 on Monday (Dec 15) while Asian shares fell to nine-month low as oil prices sank.
Nymex’s crude oil rebounded 1.07% to US$58.43 per barrel while gold declined 0.83% to US$1,212.90 per ounce.
At Jakarta bourse, foreign investors booked net sell of Rp771 billion. Investors focused selling property stocks. Bumi Serpong Damai lost 5.04%, Ciputra Development slid 4.28%, Alam Sutera dropped 3.45%, Sentul City shed 3.454%, Modernland slashed 3.1%, Intiland lost 3.1%, and Lippo Karawaci fell 2.73%.
Other losers were Astra International (-2.09%), Bank Negara Indonesia (-2.08%), Bank Mandiri (-2.09%), Bumi Resources (-2.86%), Matahari Putra Prima (-2.78%), Visi Media (-2.42%), and Garuda Indonesia (-4.96%).
Among gainers were Kalbe Farma (+1.4%), Vale Indonesia (+2.2%), and BW Plantation (+1%).