JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.9% at 5058 Wednesday (August 6) on broad market sentiment.
Stocks of all sectors were in red, except agriculture. Regional markets also closed in red, to tracking Wall Street, as concerns mounted over escalating tensions in Ukraine.
In domestic front, investors concern on presidential election dispute trial started today, which influence political dynamics going forward.
Bank Negara Indonesia dropped 3%, Bank Rakyat Indonesia fell 1.85%, and Bank Mandiri declined 1.2%.
Astra International also shed 2.24%, Bumi Resources down 1.48%, Bumi Serpong Damai slipped 1.88%, Vale Indonesia slashed 2.07%, Kalbe Farma slided 2.45%, Lippo Karawaci fell 1.75%, Perusahaan Gas Negara lost 3.75%, and Telkom fell 2.03%.
While plantation stocks London Sumatra gained 0.94% and BW Plantation rose 0.44%. Bank Tabungan Negara jumped 3.21%.
Nymex’s crude oil increased 0.2% to US$97.57 per barrel and gold rose 0.54% to US$1,292.20 per ounce. The rupiah weakened to Rp11,756 against the US dollar.