JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened down 0.74% to 4385 this morning, led by banking stocks.
Asian shares were slowly giving ground on Monday as strains in emerging markets show little sign of abating, while growing pressure for another policy easing in Europe shoved the euro to 10-week lows, Reuters reported.
Nymex’s crude oil fell 1.13% to US$94.85 per barrel in Asian trading while gold increased 0.25% to US$1,239.80 per ounce. Among banking stocks, Bank Negara Indonesia lost 2.4%, Bank Mandiri fell 1.15%, and Bank Rakyat Indonesia declined 0.3%.
Blue chip stocks also were in red. Astra International shed 1.17%, Kalbe Farma lost 1.42%, Perusahaan Gas Negara declined 1.26%, and Telkom dropped 1.76%. Among gainers were property and construction stocks.