JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) closed lower 0.68% to 5369 on Thursday (March 26). After opening in red, the index regained in morning trade but the selling pushed back the index down in afternoon trade.
Asian shares slipped on Thursday as tech-driven losses on Wall Street and escalating tensions in the Middle East provided a tailwind for oil prices and the safe haven yen, Reuters reported.
Adaro Energy fell 2.07%, Alam Sutera dropped 3.67%, Sentul City lost 5.04%, Bumi Resources dropped 5.75%, Bumi Serpong Damai declined 1.72%, London Sumatera shed 1.79%, and Telkom slashed 2.43%.
Other losers were Adhi Karya (-2.58%), Media Nusantara Citra (-2.31%), Waskita Karya (-2.59%), Wijaya Karya (-1.45%), Global Mediacom (-3.93%), Multipolar (-3.68%), and Matahari Putra Prima (-2.2%).
While Hanson International gained 2.03%, Visi Media rose 1.98%, and Kalbe Farma increased 1.66%.
Nymex’s crude oil rose 4.9% to US$51.62 per barrel and gold increased 1.32% to US$1,212.62 per ounce. The rupiah weakened back to Rp13,003 against the US dollar.