JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened down 0.4% to 4,338 this morning in line with most markets in the region.
Nymex’s crude oil inched down 0.07% to US$107.31 per barrel in Asian trading this morning.
On Thursday (Sept 12), IDX ended up 0.29% but trade was volatile. As BI Rate was raised as expected, investors then sold the stocks on that news. But one hour ahead of the market close, investors collected again the stocks, helping boost the index into positive territory.
This morning, Alam Sutera fell 1.67%, Bank Central Asia declined 1%, Bank Mandiri lost 2.4%, Charoen Pokphand slipped 1.37%, and Telkom down 1.12%.
Other losers were Media Nusantara Citra (-0.8%), Waskita Karya (-3.5%), Wijaya Karya (-1.07%), Aneka Tambang (-1.38%), and Global Mediacom (-2.23%).