JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 0.98% at 4751 this morning to tracking regional markets.

Asian share markets were scorched on Tuesday as stability concerns put a torch to European bank stocks and sent investors stampeding to only the safest of safe haven assets, Reuters reported.

Nymex’s crude oil gained 1.8% to US$30.22 per barrel in Asian trading this morning and gold fell 0.37% to US$1,193.50 per ounce.

Adaro Energy dropped 4.69%, Bank Rakyat Indonesia fell 2.85%, Indofood CBP declined 3.6%, Vale Indonesia lost 2.42%, Telkom shed 3.57%, and United Tractor slipped 2%.