JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) dropped 1.6% to close at 5130 on Wednesday (June 3) following regional market.
Asian stock markets ended mostly lower Wednesday as Greece’s bailout woes and a stagnant Wall Street performance dampened investor sentiment, Reuters reported.
Banking stocks led the market’s correction. Bank Central Asia fell 3.72%, Bank Negara Indonesia dropped 4.14%, Bank Rakyat Indonesia shed 4.05%, and Bank Danamon dropped 6.67%.
Astra International also lost 3.75%, Charoen Pokphand dropped 4.2%, Jasa Marga slashed 6.43%, and Lippo Karawaci shed 5.02%.
Other losers were Surya Citra Media (-18.78%), Citra Marga (-7.84%), Media Nusantara (-3.57%), Waskita Karya (-4.3%), and Pakuwon Jati (-5.62%).
While Adaro Energy gained 5.1%, London Sumatra rose 2.92%, Perusahaan Gas Negara climbed 1.16%, Telkom increased 1.05%, United Tractors jumped 4.99%, and Wijaya Karya hiked 2.46%.
Nymex’s crude oil fell 1% to US$60.64 per barrel and gold declined 0.5% to US$1,188.60 per ounce. The rupiah strengthened to Rp13,196 against the US dollar.