JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.23% at 4546 Wednesday (Dec 2) but trade was volatile. The index moved at range of 4541-4568 during the day trading.
Asian stock markets wavered on Wednesday after downbeat U.S. manufacturing data raised questions about how aggressive the Federal Reserve would be when hiking interest rates, while the dollar retreated from 8-1/2-month highs, Reuters reported.
Astra International fell 1.18%, Bank Danamon dropped 4.5%, Charoen Pokphand fell 2.65%, Indocement shed 3.18%, Kalbe Farma slashed 2.16%, Bukit Asam lost 3.06%, and Unilever Indonesia declined 1.67%.
While Perusahaan Gas Negara jumped 4.59%, London Sumatra gained 3.2%, Indo Tambangraya hiked 3.47%, Eagle High Plantations surged 8.63%, and Aneka Tambang gained 4.4%.
Nymex’s crude oil fell 0.5% to US$41.64 per barrel while gold rose 0.31% to US$1,066.80 per ounce. The rupiah strengthened to Rp13,757 against the US dollar.