JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) fell 0.54% to 4,405 this morning while most regional markets were in red zone.
Asian shares slipped further on Tuesday and investors braced for more volatility in Chinese markets as worries spread that tight liquidity could impede China’s economic growth and take the shine off an emerging U.S. recovery, Reuters reported.
Shanghai Composite dropped further 3.7% while Hong Kong’s Hang Seng lost 1.18%. Japan’s Nikkei, India’s BSE 30 and Singapore’s Straits Times regained.
In Jakarta bourse, Alam Sutera declined 1.32%, Bumi Serpong Damai down 0.6%, Lippo Karawaci lost 1.34%, Kalbe Farma slipped 0.83%, Telkom shed 1%, and Trada Maritim fell 0.74%.
Other losers were Waskita Karya (-3.95%), Wijaya Karya (-1.5%), Saranacentral Bajatama (-2.47%), Bhakti Investama (-1.2%), Hanson International (-1.56%), Bank Bukopin (2.94%), and Visi Media (-1.25%).
Among gainers were Adaro Energy (+1.3%), Bank Central Asia (+1.1%), Bank Mandiri (+1/2%), Perusahaan Gas Negara (+3.23%), and Global Mediacom (+1.08%).
Nymex’s crude oil declined 0.32% to US$94,88 per barrel in Asian trading this morning.