JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.4% at 4415 Friday (Sept. 4), but trade was volatile. The index moved at range of 4407-4433 during the day trading.
World shares slid towards their fourth weekly loss in the last five on Friday, as a boost from a supportive-sounding European Central Bank gave way to caution ahead of closely watched U.S. jobs data, Reuters reported. Rumbling concerns about China had consigned Asian shares to a seventh straight weekly loss.
Adaro Energy dropped 6.45%, AKR Corporindo lost 3.07%, Bumi Serpong Damai fell 3.15%, Vale Indonesia shed 5.86%, Perusahaan Gas Negara slashed 3.1%, and Timah lost 3.3%.
Other losers were Adhi Karya (-4.59%), Waskita Karya (-3.06%), Wijaya Karya (-4.84%), Garuda Indonesia (-2.52%), and Xl Axiata (-2.1%).
While Unilever Indonesia gained 1.2%, Eagle High Plantation rose 3.61%, Bank Danamon jumped 4.93%, Charoen Pokphand climbed 1.03%, and Matahari Department Store hiked 2.48%.
Nymex’s crude oil declined 0.9% to US$46.33 per barrel and gold inched down 0.02% to US$1,124.30 per ounce. The rupiah weakened further to Rp14,178 against the US dollar.