JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 0.92% at 4969 this morning, extending yesterday’s 1.68% correction, led by banking stocks.
Regional markets were also in red zone. Nymex’s crude oil rose 0.36% to US$58.35 per barrel in Asian trading this morning and gold increased 0.14% to US$1,175.20 per ounce.
Bank Rakyat Indonesia dropped 3.64%, Bank Mandiri fell 2.67%, Bank Negara Indonesia lost 2.49%, and Bank Tabungan Negara declined 2.2%.
Bumi Serpong Damai also shed 3.3%, Indofood slashed 2.5%, Kalbe Farma fell 3.24%, Lippo Karawaci lost 2.6%, and Unilever dropped 2.59%.