JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 1% at 4646 this morning inline with regional markets.
Asian stocks posted a cautious open on Tuesday, tracking an uninspiring lead from Wall Street amid weakened commodity prices, Cnbc.com reported.
Investors now await the prospect of US Fed rate as today the Federal Reserve is set to start its two-day policy meeting. Traders were also awaiting the release of Chinese industrial profits for September at 9.30am local time.
Nymex’s crude oil fell 0.3% to US$43.85 per barrel in Asian trading this morning and gold declined 0.2% to US$1,163.90 per ounce.
Adaro Energy fell 2.94%, Bank Negara Indonesia declined 2.36%, Indocement dropped 4.16%, Semen Indonesia slashed 2.8%, and United Tractors shed 2.46%.