JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended down 0.09% at 4343 Thursday (Sep. 10), but closed off its low of 4290.
Asian stocks cut gains from previous day’s rally after jobs data added to case for Fed hike, AP reported.
Plantation stocks were focused of selling after recent rallies. Astra Agro dropped 4.62%, London Sumatra fell 4.2% and Easgle High Plantation shed 5.56%,
Other losers were Adaro Energy (-6.9%), Bank Negara Indonesia (-3.86%), Bank Rakyat Indonesia (-2.77%), Easgle High Plantation (-5.56%), Vale Indonesia slashed (-3%), Bukit Asam (-3.88%), Timah (-2.48%), and United Tractors (-3.47%).
While Semen Indonesia jumped 11.35%, Indocement climbed 3.2%, XL Axiata hiked 4.2%, Charoen Pokphand lifted 3.27%, Bank Danamon surged 7.36%, and Telkom gained 1.28%.
Nymex’s crude oil rose 0.52% to US$44.38 per barrel and gold increased 0.39% to US$1,106.30 per ounce. The rupiah weakened back to Rp14,322 against the US dollar, down 0.5% from Wednesday’s Rp14,244.