JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened down 0.66% at 4838 this morning following regional markets.
Asian equities extended losses on Thursday as concerns over China’s market turmoil spread,while the safe-haven yen shot to a seven-week high, Reuters reported.
Nymex’s crude oil rose 0.2% to US$51.76 per barrel in Asian trading this morning while gold fell 0.5% to US$1,157.80 per ounce.
Plantation stocks Astra Agro dropped 2.55% and Eagle High Plantation lost 1.3%. Coal stocks, Adaro Energy fell 1.53%, Bumi Resources shed 1.72%, Indo Tambangraya dropped 3.89%, and Bukit Asam lost 3.64%. Mining stocks Aneka Tambang declined 1.6% and Vale Indonesia slashed 1.38%.
Other losers were AKR Corporindo (-1.84%), Bank Central Asia (-1.3%), XL Axiata (-2%), Jasa Marga (-2.98%), Perusahaan Gas Negara (-1.32%), Semen Indonesia (-1.3%), United Tractors (-1.06%), and Unilever Indonesia (-1.72%).