JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended down 0.8% to 4882 on Monday (June 29), but closed off its low. The index moved at range of 4858-4896 during the day trading.
Global stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts, Ap reported.
Property led market fall on Monday. Alam Sutera lost 4.13%, Bumi Serpong Damai fell 4.56%, Lippo Karawaci slashed 5.6%, and Pakuwon Jati dropped 3.62%.
Other losers were Adaro Energy (-3.18%), Indofood CBP (-4.37%), London Sumatera (-3.7%), Krakatau Steel (-3.38%), Adhi Karya (-3.36%), Waskita Karya (-3.48%), Wijaya Karya (-3.83%),
Nymex’s crude oil dropped 2.1% to US$58.38 per barrel while gold rose 0.38% to US$1,178.80 per ounce. The rupiah weakened further to Rp13,356 against the US dollar.