JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 0.54% at 4936 this morning following the regional markets.
A sharp slide in Japanese stocks led Asian equities down on Thursday, as a maelstrom of concern about global growth drove U.S. Treasury yields lower and weighed on the dollar, Reuters reported.
Data released on Wednesday showed U.S. retail sales and producer prices both dropped last month, a worrisome economic signal that helped fuel a sell-off on Wall Street as it quashed expectations the U.S. Federal Reserve would hike U.S. interest rates sooner rather than later.
Nymex’s crude oil fell 1.1% to US$80.88 per barrel in Asian trading and gold declined 0.2% to US$1,242.30 per ounce.
At Jakarta bourse, Bank Rakyat Indonesia fell 1.69%, Jababeka declined 1.17%, Lippo Karawaci shed 1%, Aneka Tambang lost 1%, Multipolar fell 1.15%, and Bumi Resources Minerals slashed 1.04%.
While Berau Coal gained 1.04% and BW Plantation gained 2.65%.