JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.38% at 4455 Friday (October 30), but trade was volatile. The index moved at range of 4441-4480 during the trading.
While Asian shares were down on Friday and on track for a weekly loss as investors grappled with the prospect of higher borrowing costs in the United States, as the Federal Reserve prepares to raise rates amid the backdrop of slowing global growth, Reuters reported.
Adaro Energy fell 3.25%, Bank Central Asia lost 1.9%, Bank Rakyat Indonesia shed 2.1%, Bank Mandiri dropped 3.3%, XL Axiata slashed 4.1%, Vale Indonesia fell 2.8%, Jababeka lost 3.3%, and Lippo Karawaci dropped 4%.
While Perusahaan Gas Negara gained 3.45%, Charoen Pokphand rose 3.73%, AKR Corporindo jumped 4.89%, Astra Agro hiked 3.1%, Japfa Comfeed soared 23.25%, and Surya Citra Media climbed 4.84%.
Nymex’s crude oil fell 0.9% to US$45.63 per barrel while gold increased 0.1% to US$1,148.60 per ounce. The rupiah weakened back to Rp13,639 against the US dollar.