JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) dropped 2.5% to close at 4446 Monday (November 30) inline with global markets.
Global stock markets mostly ended lower Monday as investors looked ahead to this week’s public appearances by the U.S. Federal Reserve chief for signs of whether the central bank will raise interest rates this month, AP reported.
Astra Agro dropped 6.2%, Aneka Tambang lost 6.8%, Astra International fell 4.8%, Bank Central Asia shed 5.89%, Bank Rakyat Indonesia slashed 4.65%, Bank Negara Indonesia declined 4.2%, and Bank Mandiri lost 5.3%.
Other losers were XL Axiata (-8.2%), Harum Energy (-9.8%), Indofood Sukses Makmur (-9.7%), Indika Energy (-6.43%), Jasa Marga (-6.4%), Indocement (-6.5%), Jababeka (-7.1%), and Perusahaan Gas Negara (-9.85%).
Nymex’s crude oil fell 0.38% to US$41.55 per barrel and gold inched down 0.04% to US$1,055.80 per ounce. The rupiah weakened further to Rp13,840 against the US dollar.