JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.38% at 4674 Tuesday (October 27), but narrowed its earlier losses. The index moved at range of 4624-4674 during the day trading.
Asian shares fell on Tuesday after a four-week rally ran out of steam as investors took cover ahead of central bank meetings in the United States and Japan later in the week, Reuters reported.
Adaro Energy fell 2.2%, Bank Negara Indonesia lost 2.36%, Bank Danamon dropped 4.46%, Bumi Serpong Damai shed 3.4%, Eagle High Plantations slashed 3.2%, Semen Indonesia lost 3.5%, Indocement fell 2.38%, and Japfa Comfeed declined 2.94%.
While Astra Agro gained 2.3%, Alam Sutera rose 1.2%, Charoen Pokphand increased 1.17%, Lippo Karawaci hiked 1.54%, Bukit Asam lifted 1.7%, Surya Citra Media climbed 3.26%, Matahari Department Store gained 3.44%, Media Nusantara Citra jumped 5.57%, Garuda Indonesia rose 2.74%.
Nymex’s crude oil fell 1.1% to US$43.49 per barrel and gold declined 0.1% to US$1,165.20 per ounce. The rupiah was traded flat at Rp13,626 against the US dollar.