JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended lower 0.73% at 4344 Tuesday (Sept. 22). The index opened higher in the morning trade but then turned to negative territory after 20 minutes of trading.
Asian shares mostly rose as investors remained uncertain about the timing of U.S. interest rate hikes and awaited the release of China factory data, AP reported.
Astra Agro fell 1.1%, Bank Rakyat Indonesia declined 1.84%, Bank Danamon shed 1.4%, Bumi Serpong Damai slashed 1.9%, Charoen Pokphand slipped 1.95%, Gudang Garam lost 1.8%, and Indofood CBP dropped 2.2%.
Other losers were Perusahaan Gas Negara (-4.4%), Semen Indonesia (-2.82%), Telkom (-1.1%), United Tractors (-2.27%), and Unilever Indonesia (-2.44%).
While London Sumatra gained 2.44%, Indofood rose 1.44%, Vale Indonesia jumped 4.76%, AKR Corporindo hiked 3.06%, Visi Media lifted 3.32%, and Sri Rejeki Isman surged 11.7%.
Nymex’s crude oil dropped 2.17% to US$45.94 per barrel and gold inched down 0.01% to US$1,132.70 per ounce. The rupiah weakened back to Rp14,486 against the US dollar.