JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) fell 0.5% to US$4516 at early trade this morning following regional markets.
Japan’s Nikkei share average tumbled 4% on Thursday morning after Wall Street languished on worries about weak oil prices and a slowdown in the global economy, battering global cyclical stocks such as exporters, Reuters reported.
Japan’s machinery data, which was released early in the morning, did not help sentiment at all. Core machinery orders fell 14.4% in November from the previous month, down for the first time in three months and marking a bigger decline than economists’ median estimate for a 7.9% drop.
Nymex’s crude oil declined 0.3% to US$30.38 per barrel in Asian trading this morning while gold rose 0.47% to US$1,092.20 per ounce.
Astra Agro fell 1.07%, Astra International declined 1.27%, AKR Corporindo shed 1.04%, Bumi Serpong Damai slashed 1.37%, Charoen Pokphand slipped 1.03%, XL Axiata lost 1.35%, and Gudang Garam fell 1.4%.
United Tractors also lost 1.05%, Semen Indonesia dropped 1.61%, Jababeka declined 1.27%, Indocement slashed 1.48%, Indofood shed 1.7%, and Jababeka down 1.27%.