JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended down 2.58% at 4322 on Monday (Jan 27) in line regional markets’ sentiment.
Asian shares dived on Monday (Jan 27) as emerging markets remained under pressure, with the US Federal Reserve poised to continue tapering stimulus and tighter credit conditions in China rising fears of a sharper economic slowdown, Reuters reported.
In Jakarta bourse, Coal miner Adaro Energy dropped 7.21% with over 66.25 million shares exchanged hands. While Bumi Resources fell 4.2% on 92.48 million shares traded.
Bank Mandiri lost 4.32% with 23.52 million shares exchanged hands. Other losers were Jababeka (-4.25%), Lippo Karawaci (-5.1%), Kalbe Farma (-3.9%), London Sumatra (-3.4%), Telkom (-2.7%), Adhi Karya (-4.5%), Waskita Karya (-6.48%), Wijaya Karya (-4.43%), Aneka Tambang (-2.88%), Matahari Putra Prima (-3.49%), and Hanson International (-2.54%).
Nymex’s crude oil increased 0.36% to US$96.99 and gold rose 0.27% to US$1,267.70 per ounce. The rupiah weakened further to Rp12,198 against the US Dollar.