JAKARTA (Yosefardi) – Gained almost one percent in the opening minutes, composite index of Indonesia Stock Exchange (IDX) joined red zone with 0.3% fall to 4501 Monday morning.
Regional sentiment and profit taking in some stocks contributed to the reversal. Shanghai composite lost as much as 3%, while All Ordinaries and Hang Seng lost 1.4% and 1.54% respectively.
STI Index, Nikkei 225, KOSPI composite index, S&P BSE Sensex, and FTSE Bursa Malaysia KLCI were all in red zone.
Astra International was flat, while BCA inched up 0.54%. BRI, Charoen, Danamon, United Tractors, and Unilever were also in positive territory, but others were under substantial pressures.
Other than Matahari Department Stores, which lost as much as 6%, Bumi Resources plummeted 5.36%, while Media Nusantara Citra (MNCN) lost another 3.8%.