Rupiah Falls Behind Rp14,800

JAKARTA (Yosefardi) – The Rupiah fell further 0.41% to Rp14,724 against the US dollar at early market trading this morning. Bloomberg quoted the rupiah has reached Rp14,821 this morning. In past one month the rupiah has fallen 5.3% and depreciated by 17.36% year...

IDX Drops Further 1.83% on China Concern

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) dropped further 1.83% to 4044 this morning, after 2.1% drop yesterday on China factor. Asian shares skidded to three-week lows and the dollar sagged on Tuesday, after weak Chinese data...

IDX Drops 2.1% on China Factor

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) dropped 2.1% to close at 412o Monday (Sept. 28) while Asian equity markets were mixed on Monday, with data from the world’s second largest economy in focus. China factor pushed...

China Factor Pushes IDX Down

JAKARTA (Yosefardi) – China factor pushed further down Asian stock markets this morning including the Indonesia stock market. At 10.30 am Jakarta time, the composite index of the Indonesia Stock Exchange (IDX) dropped 1.42% to 4149, but cut earlier losses as it...

IDX Drops 1.4% at Opening

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) dropped 1.4% to 4151 at opening trade this morning. The rupiah weakened further 0.02% to Rp14,696 against the US dollar. Asian stocks struggled for traction on Monday after an...