JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 1% at 4562 this morning as profit taking hit certain stocks after recent gains.
Asian stocks touched a three-month low early on Thursday as worries about the Chinese economy, reflected recently in a sharply lower yuan, kept investors nervous, Reuters reported.
Nymex’s crude oil rose 0.1% to US$34 per barrel in Asian trading this morning and gold increased 0.3% to US$1,095.50 per ounce.
Astra Agro lost 1.65%, Astra International dropped 2%, Bank Central Asia fell 1.06%, Bank Rakyat Indonesia shed 1.94%, Bank Mandiri slashed 2.4%, XL Axiata lost 2.86%, Perusahaan Gas Negara declined 2.05%, and Lippo Karawaci down 1.46%.