JAKARTA (Yosefardi) – Investors opt to wait and see as they are still awaiting the cabinet line-up report by new government.

Composite index of the Indonesia Stock Exchange (IDX) moved up and down in narrow range. While Japan’s Nikkei 225 slumped this morning following a sharp drop in U.S. equities and oil prices.

Nymex’s crude oil declined 0.3% to US$80.28 per barrel in Asian trading this morning and gold fell 0.16% to US$1,243.50 per ounce.

Bumi Resources gained 3.1%, Matahari Putra Prima jumped 4.55%, and Bumi Resources Minerals rose 2.17%. While Bank Negara Indonsia fell 0.86%, Bumi Serpong Damai declined 0.6%, and BW Plantation down 0.86%.