JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 0.78% at 4551 this morning inline with regional and global markets.
Asian stocks traded sharply lower on Wednesday, after Wall Street sold off as much as 2% overnight amid a plunge in oil prices, Cnbc.com reported. Japan’s Nikkei 225 dropped 3.66% and Hong Kong’s Hang Seng lost 3.1%.
Nymex’s crude oil fell 1.1% to US$29.55 per barrel in Asian trading this morning while gold rose 0.2% to US$1,129.40 per ounce.
Alam Sutera fell 1.2%, Bank Mandiri declined 1%, Bank Danamon shed 1.86%, Indofood Sukses dropped 2%, Indocement slashed 1.85%, Jababeka lost 1.7%, London Sumatra fell 1.4%, Semen Indonesia declined 2.3%, and Telkom down 1.4%.