JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 9.3% to 4414 Thursday (Jan. 21), reversed gain in morning trade.
Asian shares and the dollar surrendered their gains on Thursday as recently volatile crude oil prices seesawed lower, although European shares were still expected to mark opening gains, Reuters reported.
AKR Corporindo fell 2.08%, Bumi Serpong Damai lost 3.5%, Vale Indonesia dropped 2.1%, Indocement shed 2.28%, Indo Tambangraya slashed 4.1%, and Bukit Asam lost 2.2%.
While Lippo Karawaci gained 2.5%, Charoen Pokphand jumped 7.4%, XL Axiata rose 3.37%, Adaro Energy increased 2.97%, and Japfa Comfeed surged 4.24%.
Nymex’s crude oil rose 0.79% to US$26.76 per barrel while gold fell 0.53% to US$1,100.30 per ounce. The rupiah slightly weakened to Rp13,899 against the US dollar.