JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.05% at 4800, but closed of its low due to late buying. The trade was volatile and the index moved at range of 4774-4815 during the day trading.
Asian stocks fell Monday on weaker Chinese manufacturing and lower oil prices as investors looked ahead to U.S. data on factory output and employment, AP reported.
Adaro Energy dropped 3.39%, Astra Agro fell 1.37%, AKR Corporindo declined 1.3%, Vale Indonesia shed 1.79%, Indofood slashed 1.64%, Indika Energy slipped 2.07%, and Jasa Marga lost 1.3%.
Other losers were Jababeka (-1.55%), Kalbe Farma (-2%), London Suamtra (-2.58%), Semen Indonesia (-2.48%), United Tractors (-1.49%), and Unilever Indonesia (-2.8%).
While Timah gained 1.65%, Indofood CBP rose 2.85%, XL Axiata jumped 3.88%, Bumi Serpong Damai surged 3.07%, Bank Mandiri climbed 1.84%, Bank Rakyat Indonesia hiked 4.5%, Bank Negara Indonesia lifted 1.16%, and Bank Central Asia rose 1.15%.
Nymex’s crude oil fell 1.84% to Rp48.02 per barrel and gold retreated 0.2% to US$1,092.70 per ounce. The rupiah weakened further to Rp13,492 against the US dollar.