JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) closed lower by 0.9% at 5466 on Wednesday (April 1) while the rupiah strengthened to Rp13,043 against the US dollar.
Asian stocks were mostly lower on Wednesday, taking their lead from weaker U.S. shares, while the dollar slid against the yen as Tokyo’s Nikkei recoiled in volatile trade, Reuters reported.
Astra International dropped 4.66%, Bank Rakyat Indonesia lost 2.07%, Bank Mandiri declined 1.6%, Bumi Resources fell 3.85%, and Telkom slashed 1.9%.
While Alam Sutera jumped 5.4%, Aneka Tambang gained 4.6%, Cipaganti soared 33.77%, and Matahari Putra Prima gained 2.65%.
Nymex’s crude oil fell 0.74% to US$47.25 per barrel and gold declined 0.08% to US$1,182.20 per ounce. Crude oil prices continued to decline as negotiations between Iran and world powers over nuclear technology extended beyond a deadline, Reuters reported.