JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) dropped 2.48% to 4,452 this morning opening, led by banking stocks.
While most Asian markets is facing a tense few days waiting to see if minutes of the Federal Reserve’s last policy meeting will provide some clarity on when it might start scaling back stimulus — with far-reaching implications for borrowing costs across the globe, Reuters reported.
Nymex’s crude oil increased 0.58% to US$107.46 per barrel in Asian trading this morning.
In Jakarta bourse, Bank Negara Indonesia lost 5.49%, Bank Mandiri fell 4.22%, Bank Rakyat Indonesia dropped 5.13%, Bank Central Asia shed 3.88%, and Bank Bukopin slided 3.08%.
Blue chips also fell such as Astra International (-2.38%), Adaro Energy (-2.5%), Alam Sutera (-3.8%), Bumi Serpong Damai (-1.87%), Bumi Resources (-2.08%), Lippo Karawaci (-3.68%), and Telkom (-4.85%).
Other losers were Borneo Lumbung (-5.36%), Media Nusantara (-5.5%), Waskita Karya (-5.2%), Wijaya Karya (-3.53%), Global Mediacom (-2.35%), Pakuwon Jati (-5.48%), Visi Media (-7.27%), Bhakti Investama (-2.3%), and Multipolar (-5.17%).