JAKARTA: Indonesian stocks fell 1.03% or 38.89 points to 3,748.76 in the closing session as foreign investors rushed into net sell. Meanwhile, most of regional markets moved in the red zone.
The Jakarta Composite Index (JCI) was moving in the range of 3,728.40-3,787,37. About ten shares fell for every share that rose. Almost a half of the shares traded were unchanged.
The fall in finance and mining shares dragged JCI down in today's closing. The lagging shares were PT Astra International Tbk with -4.97 points,PT Gudang Garam Tbk with -3.60 points, PT Bank Mandiri Tbk -2.70 points and PT Bumi Resources Tbk -2.43 points.
PT XL Axiata Tbk was one of several stocks that sustained the index with positive contribution of 1.49 points. Included in this line were shares of PT Telekomunikasi Indonesia of PT Telekomunikasi Indonesia Tbk 1.18 points, PT Indofood Sukses Makmur Tbk 0.51 point and PT Elang Mahkota Teknologi Tbk 0.48 point.
Today, foreign investors recorded net sell of IDR55.01 billion. Trading volume reached 5.19 billion shares amounting to IDR3.88 trillion. JCIs market capitalization reached IDR3,373 trillion.
BISNIS-27 Index, the index of 27 stocks and launched by business daily newspaper dubbed Bisnis Indonesia, also decreased 0.76% or 2.47 points to 322.37. BISNIS-27 Index was moving at the range of 320.32-324.81.
From European market, FTSE 100 Index rose 0.14% to 5,773.51 and Euro Stoxx 50 PR declined 0.11% to 2,729.40.In the regional market, Nikkei 225 slid 0.70% to 9,448.21, Hang Seng in Hong Kong market gained 0.39% to 22,508.08. Shanghai SE decreased 0.18% to 2,700.38, South Korean's Kospi increased 0.10% to 2,048.74 and Straits Times in Singapore slid 0.62% to 3,060.44.
The MSCI Asia Pacific excluding Japan Index declined 0.04% to 873.70.
The rupiah slightly decreased 0.27% against the US dollar to IDR8,543. (NOM)