JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened down 0.65% at 4887 this morning following regional markets.
Asian stocks tumbled as investors sought shelter in haven assets as they weighed a possible Greek exit from the euro zone, Bloomberg reported.
Nymex’s crude oil inched down 0.08% to US$60.94 per barrel in Asian trading this morning while gold rose 0.16% to US$1,173.20 per ounce.
Adaro Energy fell 1.9%, Alam Sutera dropped 2.48%, Bank Rakyat Indonesia lost 1.19%, Bumi Serpong Damai declined 1.71%, Jababeka slashed 3%, and Perusahaan Negara slipped 1.4%.
This week trading in local stocks would be still affected by concerns over the Greek debt issue, the expexted higher inflation in the country for June and further pressure on the Rupiah currency by the US dollar.
The government is going to auction Government Bond (SUN) denominated in United States Dollar in domestic market today (June 29) with indicative amount of US$500 million, to support the financing target stated in the Revised State Budget (APBN-P) 2015.