JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.93% at 4987 on Friday (November 7) while regional markets retreated.
Asian shares edged down on Friday ahead of U.S. Solid gains in employment are projected, and could increase speculation the Federal Reserve could raise U.S., Reuters reported.
Telkom dropped 3.5%, Lippo Karawaci fell 2.43%, Jababeka lost 1.86%, Kalbe Farma shed 1.78%, and Timah slashed 1.2%.
Banking stocks also closed in red. Bank Rakyat Indonesia fell 1.39%, Bank Central Asia lost 2.12%, and Bank Mandiri declined 1.45% Property stocks Bumi Serpong Damai shed 1.6% and Lippo Karawaci slashed 2.43%.
While Bank Negara Indonesia gained 1.33%, Adaro Energy rose1.39%, and Matahari Putra Prima hiked 1.1%.
Nymex’s crude oil inched up 0.04% to US$77.94 per barrel and gold rose 0.14% to US$1,144.20 per ounce. The rupiah strengthened to Rp12,149 against the US dollar.