JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.67% to 4873 on Wednesday (July 8),led by commodity stocks.
World markets were hit on Wednesday by a meltdown in Chinese markets, a slump in commodities and questions over whether Europe could save Greece, Reuters reported.
Among coal stocks, Adaro Energy dropped 6.43%, Bumi Resources dropped 3.33%, Bumi Resources Minerals plummeted 15.85%, Indika Energy lost 3.17%, Delta Dunia fell 5.56%, Indo Tambangraya slashed 4.69%, and Bukit Asam dropped 5.3%.
For plantation stocks, Eagle High Plantation lost 7.67% and London Sumatra dropped 5.25%.
Aneka Tambang lost 4.58%, Astra International fell 3.62%, Bank Rakyat Indonesia shed 2.39%, Bank Negara Indonesia slashed 2.7%, Charoen Pokphand fell 4.23%, Vale Indonesia shed 4.88%, Multipolar dropped 6.62% and Matahari Putra Prima lost 5.04%.
Among gainers were Unilever Indonesia (+1.12%), Telkom (+1.05%), Bumi Serpong Damai (+1.18%), Waskita Karya (+3.2%), Surya Citra Media (+3.51%), and Sri Rejeki Isman (+6.17%).
Nymex’s crude oil fell 1.15% to US$51.73 per barrel and gold declined 0.1% to US$1,151.40 per ounce. The rupiah weakened back to Rp13,346 against the US dollar.