JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) dropped 1.27%, to close at 5253 on Wednesday (May 27) following regional markets.
Asian stock markets were ruffled Wednesday by Greece’s impending cash crunch and expectations the Federal Reserve will raise interest rates this year for the first time in almost a decade, AP reported.
Kalbe Farma dropped 4.92%, Lippo Karawaci fell 4.41%, Bank Rakyat Indonesia declined 3.43%, Vale Indonesia lost 3.82%, Unilever shed 2.68%, United Tractors slashed 2.32%, and Charoen Pokphand fell 3.71%.
Other losers were Krakatau Steel (-3.59%), Japfa Comfeed (-2.1%), PT PP (-3.49%), Surya Citra Media (-4.99%), Adhi Karya (-2.2%), Wijaya Karya (-3.05%), Multipolar (-2.58%), Visi Media (-3.15%), and Bumi Resources Minerals (-9.46%).
While Bumi Resources gained 3.45%, Eagle High Plantation jumped 7.69%, Indofood rose 2.49%, and Bank Tabungan Negara climbed 2.07%.
Nymex’s crude oil rose 1.26% to US$58.76 per barrel and gold inched up 0.08% to US$1,187.90 per ounce. The rupiah weakened to Rp13,229 against the US dollar.