JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 1.4% at 4609 Wednesday (October 28) inline with regional markets.
Japanese stocks were nudged higher by earnings-related news on Wednesday, although many investors remained on the sidelines ahead of the U.S. Federal Reserve’s policy decision later in the day and a Bank of Japan review on Friday, Reuters reported.
Astra Agro dropped 6.1%, Adaro Energy fell 2.26%, Astra International lost 2.8%, Alam Sutera shed 3.1%, Bank Rakyat Indonesia slashed 4.3%, Bank Negara Indonesia declined 2.9%, and Bank Danamon dropped 4.2%.
Other losers were Bank Mandiri (-2%), Charoen Pokphand (-2.7%), Vale Indonesia (-3.3%), Indo Tambangraya (-5.6%), Indika Energy (-3.1%), United Tractors (-2.2%), Sekawan Intipratama (-9.47%), Surya Citra Media (-4.27%), Matahari Department Store (-5.69%), Multipolar Technology (-7.76%), and Pakuwon Jati (-3.72%),
Nymex’s crude oil rose 0.4% to US$43.37 per barrel and gold increased 0.5% to US$1,171.8 per ounce. The rupiah slightly weakened to Rp13,630 against the US Dollar.