JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.36% at 5205 Thursday (September 4) as investors locked in profits in stocks after recent gains.
While a month-long march higher for European and Asian stock markets stalled on Thursday on concerns the European Central Bank will do nothing immediate at its meeting later in the day to address a deteriorating economic outlook, Reuters reported.
Astra International lost 1.63%, Alam Sutera fell 1.78%, Bumi Resources decined 2.11%, BW Plantation shed 1.82%, London Sumatra slid 1.31%, and Jababeka dropped 2.09%.
Other losers were Global Mediacom (-Bank Tabungan Negara (-1.75%), Waskita Karya (-2.14%), Wijaya Karya (-1.7%), Multipolar (-3.1%), Pakuwon Jati (-2.93%), and Matahari Putra Prima (-1.74%).
While mining stocks gained such as Bumi Resources Minerals (+8.3%), Aneka Tambang (+3.46%), and Vale Indonesia (+6.67%).
The rupiah strengthened to Rp11,760 against the US dollar.