JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 1.26% at 4464 Tuesday (Dec. 8) following global markets.
Global stocks fell Tuesday after Chinese trade contracted and oil traded at its lowest in six years, AP reported.
Astra Agro lost 3.2%, Adaro Energy fell 3.9%, Astra International dropped 4.98%, Alam Sutera declined 2.6%, Aneka Tambang shed 2.8%, Bumi Serpong Damai lost 5.16%, and Bank Danamon lost 7.87%.
Other losers were Indika Energy (-5%), Indo Tambangraya (-3.4%), Perusahaan Gas Negara (-6.6%), Lippo Karawaci (-5.8%), Bukit Asam (-5.76%), and United Tractors (-3.8%).
Nymex’s crude oil rose 0.6% to US$37.88 per barrel while gold fell 0.2% to US$1,072.90 per ounce.
Oil was at its lowest since mid-2009 after OPEC’s decision last week to maintain production levels. That stance combined with slower global growth has left the world awash in oil, AP reported.
The rupiah weakened further to Rp13,853 against the US dollar.