JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened down 0.15% at 5219 this morning to tracking regional markets.
Asian shares struggled on Monday after soft data raised more questions about the health of the U.S. economy, Reuters reported. Nymex’s crude oil rose 0.13% to US$59.69 per barrel in Asian trading this morning while gold fell 0.17% to US$1.226.30 per ounce.
Astra Agro lost 2.65%, Indofood fell 1.05%, London Sumatra dropped 2.03%, and Blue Bird lost 5.16%.
This week investors are awaiting some economic data such as the foreign debt update and Bank Indonesia’s decision on its benchmark BI rate. China will also release its house price index while Japan to release its machinery orders, industrial production, capacity utilization, and GDP growth rate.