JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended down 0.67% at 5093 on Thursday (November 20) as investors locked in profits after gaining for three consecutive days following the fuel price hike.
Asian stocks also mostly fell on Thursday as factory output data suggesting that China’s economy was slowing dampened investor sentiment, while the yen slid to multi-year lows against the dollar and euro, Reuters reported.
Astra International lost 3.85%, Bumi Resources dropped 3%, Adhi Karya declined 1.1%, Media Nusantara Citra slipped 1.89%, Wijaya Karya shed 2.28%, Multipolar fell 2.63%, and Matahari Putra Prima lost 2.2%.
While Adaro Energy gained 3.88%, Aneka Tambang rose 2.69%, Bukit Sentul jumped 8.16%, BW Plantation increased 1.25%, London Sumatera hiked 2.59%, and Timah lifted 1.27%.
Nymex’s crude oil increased 0.2% to US$74.66 per barrel while gold fell 0.65% to US$1,186.10 per ounce. The rupiah weakened again to Rp12,161 against the US dollar.