JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended down 0.9% at 5136 due to late sell-off.
The index opened in red this morning but regained in afternoon trade. The index moved at range of 5136-5192.
Asian shares also closed in on Friday (August 29), after flaring Ukraine tensions ruined investors’ appetite for risk and bolstered the safe-haven yen, Reuters reported.
Astra International lost 1.3%, Bank Central Asia dropped 5.49%, Bank Negara Indonesia declined 1.83%, Bank Mandiri fell 1.43%, and Bumi Serpong Damai shed 1.23%.
Other losers were Kalbe Farma (-1.19%), Lippo Karawaci (-1.38%), Perusahaan Gas Negara (-2.52%), Timah (-1.04%), and Telkom 2.02%).
Among gainers were Jababeka (+1.07%), Waskita Karya (+2.26%), Wijaya Karya (-1.06%), Visi Media (+3.33%), and Berau Coal (+2.7%).
Nymex’s crude oil rose 0.5% to US$95.02 per barrel while gold declined 0.35% to US$1,285.90 per ounce. The rupiah weakened again to US$11,717 against the US dollar.