JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) closed down 0.75% at 4770 on Friday (August 7) while regional markets closed mixed.
Investors moved to the sidelines on Friday, with the dollar and world stocks markets barely budging, before U.S. jobs data that are considered a key to convincing the Federal Reserve to raise interest rates for the first time in nearly a decade, Reuters reported.
Adaro Energy fell 2.5%, Aneka Tambang declined 2.4%, Bank Rakyat Indonesia lost 2.09%, Bank Negara Indonesia dropped 3.38%, Bank Danamon shed 3%, and Bank Mandiri slipped 1.53%.
XL Axiata dropped 6.47%, Charoen Pokphand lost 3.97%, Vale Indonesia slashed 3.5%, Indo Tambangraya fell 4.63%, Indika Energy declined 3.77%, Timah shed 3.1%, and Perusahaan Gas Negara dropped 5.84%.
While United Tractors gained 4.66%, Eagle High Plantation jumped 5.48%, and Krakatau Steel hiked 1.68%.
Nymex’s crude oil rose 0.5% to US$45.32 per barrel and gold inched up 0.09% to US$1,090.80 per ounce. The rupiah weakened further to Rp13,536 against the US dollar.