JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower by 0.6% at 4983 this morning, extending yesterday’s losses, while regional markets were in mixed.
Domestic factors, particularly speculation about outcome of July election, however, might dominate the market at Jakarta bourse today.
Some investors might be nervous with the established coalitions. Those betting on Jokowi’s win might worry about the possible outcome of July race.
Telkom dropped 4.07%, Bank Rakyat Indonesia lost 2.5%, Jababeka declined 1.15%, London Sumatra fell 1.74%, and Perusahaan Gas Negara down 1.35%.