JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened down 0.15% at 5510 this morning following regional markets.
Asian stocks sagged on Wednesday, taking their lead from weaker U.S. shares, while the dollar held to sizeable gains against a euro dogged by nerves over Greek debt negotiations, Reuters reported.
Crude oil prices continued declining as negotiations between Iran and world powers over nuclear technology with potential supply implications dragged on beyond a deadline.
Bumi Resources fell 1.28%, Wijaya Karya lost 1.29%, and Berau Coal declined 1.35%.
Today, the Central Bureau of Statistic will release the economic data for March 2015. After recording deflation in January and February 2015, BPS expects the inflation of less than 0.5% for March as prices of rice, LPG and red union increase. Bank Indonesia also expects 0.27-1.3% inflation for March 2015.