JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 0.9% at 4373 this morning to tracking regional markets.
Asian stocks weakened on Monday, taking early cues from Wall Street’s slide after the August jobs report failed to give a clear view on the Federal Reserve’s interest rate hike, while participants also nervously awaited the restart of Chinese financial markets following the long weekend, Reuters reported.
Nymex’s crude oil fell 2.6% to US$45.53 per barrel in Asian trading this morning and gold declined 0.15% to US$1,122.80 per ounce.
Bank Negara Indonesia fell 1.74%, Bank Rakyat Indonesia declined 1.24%, Eagle High Plantation lost 1.05%, Charoen Pokphand dropped 3.55%, Indofood slashed 2.37%, Vale Indonesia shed 1.83%, Kalbe Farma lost 2.09%, Jababeka declined 2.56%, Perusahaan Gas Negara dropped 5.36%, United Tractors fell 2.1%, and Telkom down 1.96%.