JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange dropped again by 2.3% following most markets in the region.
At 11.44 am Jakarta time, the index was 4,121. Property stocks were the focus of selling. Alam Sutera and Lippo Karawaci plummeted 11% while Bumi Serpong Damai fell 3.57%.
Other losers were Bank Mandiri (-3.95%), Bank Rakyat Indonesia (-5.19%), Kalbe Farma (-2.99%), and Telkom (-2.28%).