JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 1.47% at 4499 Monday (Nov. 9) while Asian markets closed mixed.
Japanese and Chinese shares gained. The the dollar stood at a 7-month high against its peers on Monday after robust U.S. jobs data bolstered expectations of an imminent Federal Reserve interest rate hike, Reuters reported.
Astra Agro lost 3.5%, Aneka Tambang dropped 5%, Alam Sutera shed 5.47%, Bank Central Asia declined 3%, Bank Mandiri slashed 3.06%, Bumi Serpong Damai lost 3.5%, and Eagle High Plantations dropped 3.5%.
Other losers were XL Axiata (-3.65%), Indofood (-5%), Indocement (-6.46%), Indo Tambangraya (-5.5%), Lippo Karawaci (-5.3%), London Sumatra (-5.2%), Perusahaan Gas Negara (-3.9%), and Semen Indonesia (-3.98%).
Nymex’s crude oil rose 0.4% to US$44.47 per barrel and gold increased 0.48% to US$1,092.90 per ounce. The rupiah weakened back to Rp13,687 against the US dollar.