JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended down 1.06% at 4885 Monday (June 9) while regional markets closed in green.
The IDX opened higher at morning trade but then the selling pressure emerged during the all day trading, led by foreign investors. The IDX moved at range of 4948-4876 during the day trading.
Investors focused selling property stocks. Alam Sutera lost 4.1%, Sentul City plummeted 7%, Bumi Serpong Damai fell 1.88%, and Lippo Karawaci declined 1.44%.
Nymex’s crude oil increased 0.53% to US$103.20 per barrel and gold rose 0.23% to US$1,255.40 per ounce. The rupiah strengthened to Rp11,790 against the US dollar.
Also falling were Adaro Energy (-3%), Aneka Tambang (-2.97%), Bank Mandiri (-2.73%), Bumi Resouces (-2.58%), London Sumatra (-3.5%), Timah (-2.16%), and Telkom (2.37%).
Other losers were Adhi Karya (-3.87%), Waskita Karya (-2.99%), Wijaya Karya (-3.08%), and Multipolar (-5.33%).