JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 0.47% at 4780 this morning to tracking regional markets.
Asian shares took cues from a lower Wall Street and dipped early on Monday, while the dollar was on the defensive against the euro and yen following disappointing U.S. wage growth data that dented prospects for an early interest rate hike by the Federal Reserve, Reuters reported.
Nymex’s crude oil dropped 3.19% to US$48.92 per barrel in Asian trading this morning while gold rose 0.63% to US$1,094.90 per ounce.
Astra International fell 2.26%, Bumi Serpong Damai lost 1.1%, Gudang Garam declined 1.52%, Indofood shed 1.2%, Indo Tambangraya slipped 1.54%, Kalbe Farma slashed 1.43%, and Unilever Indonesia dropped 2%.
Other losers were Surya Citra Media (-2.2%), Global Mediacom (-1.6%), Matahari Putra Prima (-1.38%), and Japfa Comfeed (-2.27%).
While Astra Agro gained 2.62%, London Sumatra jumped 4.43%, Indofood CBP rose 1.63%, Timah climbed 3.3%, Matahari Dept Store hiked 2.43%, and Garuda lifted 1.1%.