JAKARTA (Yosefardi) – After falling 1.75% on Monday (July 27) on China crash, composite index of the Indonesia Stock Exchange (IDX) opened lower again 0.68% at 4739 this morning.
China’s SSE Composite dropped further 4.3%, extending yesterday 8.48% drop. Asian stocks fell to three-week lows on Tuesday as a deepening rout in Chinese stocks erased risk appetite, Reuters reported.
Nymex’s crude oil declined 0.77% to US$47.48 per barrel in Asian trading this morning and gold declined 0.39% to US$1,092.30 per ounce.
Astra Agro fell 1.28%, Aneka Tambang lost 2.73%, Bank Central Asia dropped 3.16%, Bank Negara Indonesia shed 1.34%, Bank Mandiri declined 1.83%, Bumi Serpong Damai slashed 2.27%, Charoen Pokphand dropped 5.19%, XL Axiata lost 5.04%, Gudang Garam fell 2.95%, and Lippo Karawaci shed 2.56%.