JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended down 0.78% at 4352 Tuesday (Feb 4), led by blue chip stocks. The index had fallen 3.2% from its peak year to date, but gained 5.5% since mid December 2013.
Asian shares also tumbled on Tuesday, after disappointing U.S. manufacturing data cast a pall over Wall Street and gave investors little reason to hope for stability in emerging markets after their recent rout, Reuters reported.
Nymex’s crude oil increased 0.1% to US$96.63 per barrel while gold declined 0.24% to US$1,256.90 per ounce.
In Jakarta bourse, Bank Mandiri lost 2%, London Sumatra dropped 2.98%, Adaro Energy fell 1.65%, Astra International shed 1.57%, Alam Sutera slid 1.94%, Bumi Resources down 1.63%, and Lippo Karawaci lost 1.6%.
Meanwhile Rupiah strengthened slightly to Rp12,248 against the US Dollar as the dollar weakened to most currencies in the region. The improved trade surplus also supported the rupiah.