JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 1.2% at 4356 this morning on concerns over the US and China.
Asian shares got off on the back foot on Wednesday after weak manufacturing activity reports from both the U.S. and China sent Wall Street reeling, while the dollar steadied after steep losses, Reuters reported.
Nymex’s crude oil fell 2.05% to US$44.48 per barrel in Asian trading this morning and gold declined 0.2% to US$1,137.30 per ounce.
Astra Agro dropped 3.9%, Astra International fell 1.3%, Bank Central Asia lost 2.58%, Alam Sutera declined 2%, Eagle High Plantation slashed 2.68%, Charoen Pokphand dropped 3.16%, Vale Indonesia lost 7.89%, Indofood declined 2.4%, Jababeka fell 2.1%, and Lippo Karawaci shed 2.9%.