JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange opened in green this morning but profit taking emerged, dragging the index down to the red zone.
At 9.23 am Jakarta time, the index declined 0.1% to 5121. Adaro Energy fell 0.9%, Bumi Serpong Damai lost 1.5%, Bumi Resources declined 0.64%, and Jababeka shed 1.08%.
The General Election Commission (KPU) is set to announce the winner of July 9 presidential election despite casino spiele protest from Prabowo-Hatta”s camp. With full security support from Indonesia military (TNI) and the national police, KPU will not suspend the announcement.
While Asian shares are tentative on lingering geopolitical tensions. Nymex”s crude oil inched down 0.08% to US$102.78 per barrel in Asian trading and gold also inched down 0.04% to US$1,313.40 per ounce.