JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) inched down 0.03% to close at 4418 Thursday (Jan 30) ahead of Chinese New Year celebrations, widely known as Imlek, on Friday (Jan 31).

IDX opened down 1.4% in morning trade but it cut that loss since then.

While Asian shares fell on Thursday after strains in emerging markets returned with a vengeance and the Federal Reserve stepped back on its stimulus, Reuters reported.

Among losers were Bumi Resources (-4.36%), Alam Sutera (-1.92%), Bumi Serpong Damai (-1.37%), and Pakuwon Jati (-1.29%). The gainers included Aneka Tambang (+1.98%) and Telkom (+2.02%).

Nymex’s crude oil increased 0.27% to US$97.62 per barrel while gold declined 0.32% to US$1,258.10 per ounce. The rupiah retreated to Rp12,226 against the US Dollar.