JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.5% at 4549 this morning after losing 1.46% yesterday. Foreign investors however booked net buy of Rp84.2 billion in local stocks Monday.
Asian share markets were on the ropes for a second straight session on Tuesday as investors waited anxiously to see if Beijing can head off the latest selling stampede in Chinese stocks, Reuters reported.
An unnerving combination of global economic concerns and escalating tensions in the Middle East kept pressure on commodity prices while bolstering safe-haven sovereign bonds.
Nymex’s crude oil rose 0.27% to US$36.86 per barrel and gold increased 0.06% to US$1,075.80 per ounce.