JAKARTA (Yosefardi) – Most Asian shares opened down this morning to tracking Wall Street. Only Hong Kong’s Hang Seng and Singapore’s Straits Times gained.
U.S. stocks fell on Monday, extending two weeks of losses, as a lack of progress in ending the partial U.S. government shutdown or the debt-ceiling standoff kept investors nervous, Reuters reported.
Nymex’s crude oil inched up 0.02% to US$103.05 per barrel in Asian trading this morning, while gold slipped 0.07% to US$1324 per ounce.
In Jakarta, central bank’s decision on its benchmark rate today might dictate movements of Indonesia Stock Exchange (IDX). Observers believe Bank Indonesia will keep the BI Rate at 7.25%, which already grew 150 basis points in the past tho months.