JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) dropped 2.3% to close at 4244 Wednesday (Sept. 23)

Asian stock markets sank Wednesday as a global sell-off given impetus by the Volkswagen emissions scandal was exacerbated by weak Chinese factory data, AP reported.

Astra International dropped 5.17%, Bank Rakyat Indonesia lost 5.88%, Bank Danamon shed 5.77%, Bank Mandiri slashed 6.4%, Charoen Pokphand dropped 5.97%, and Kalbe Farma lost 5.26%.

Other losers were Unilever (-2.9%), Jababeka (-3.83%), Indocement (-3.5%), Eagle High Plantations (-3.15%), and Bumi Serpong Damai (-4.05%).

Garuda also dropped 5.09%, Global Mediacom lost 4.64%, and Media Nusantara Citra shed 5.3%.

While London Sumatera gained 4.76%, Vale Indonesia jumped 6.25%, and Aneka Tambang surged 6.69%.

Nymex’s crude oil rose 0.95% to US$46.48 per barrel and gold rose 0.16% to US$1,126.60 per ounce. The rupiah weakened further to Rp14,623 against the US dollar.

The IDX will close tomorrow (Thursday) for Idul Adha celebration day (an Islamic holiday of sacrifice).