JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower this morning but now recovered as it cut earlier loss. The index fell 0.18% to 4491 at 9.32 am Jakarta time.
Asian shares slipped to one-month lows on Tuesday as the specter of higher borrowing costs in the United States and slower global economic growth prompted investors to trim their exposure to riskier assets, Reuters reported.
Nymex’s crude oil rose 0.46% to US$44.07 per barrel in Asian trading this morning and gold increased 0.32% to US$1,091.60 per ounce.
Astra Agro fell 1.55%, Aneka Tambang delined 1.19%, Charoen Pokphand lost 1.33%, Vale Indonesia shed 1.16%, Indofood slashed 1.35%, Kalbe Farma dropped 2.08%, Jasa Marga fell 1.2%, and Timah lost 1.67%.
While Lippo Karawaci gained 2.16%, Astra Internasional rose 1.56%, Indosat surged 4.18%, Pakuwon Jati climbed 3.29%, and Adhi Karya hiked 2.08%.