The so-called “stock market bloodbath” has continued on Friday with major indices falling down to the lows of the last October. What's going on?
Indonesia's share market concludes down
Information is not investment advice
On Thursday, Indonesia's stock market concluded the trading session down in the face of the negative dynamics in the infrastructure, mining as well as consumer sectors.
On the Indonesian stock exchange at the time of closing IDX Composite headed south 2.55%, coming up with a 6-month minimum.
The best performers among the components of the IDX Composite index were equities of Indorama Synthetics Tbk, which leapt by 24.92%, closing at 1.880.000. Shares of PT Dafam Property Indonesia Tbk managed to ascend by 24.54%, having completed the trading session at 406.00. As for Papers Inter-Delta Tbk, they gained by 17.65%, showing 400.00.
On the contrary, the leaders of the dive were equities of Pembangunan Jaya Ancol Tbk, whose price went down by 25.00%, demonstrating 990.00. Equities of Jaya Trishindo Tbk PT slumped 23.81%, getting to 144.00. At the same time Centex Tbk Prf declined by 23.13%, ending up with 492.00.
The overall number of depreciated securities (332) on the stock exchange of Indonesia beat the number of those, which concluded in positive territory (69). Meanwhile, quotations of 85 shares didn’t change.
Indorama Synthetics Tbk soared to its maximum, adding by 24.92%, concluding trading at 1.880.000. Additionally, Pembangunan Jaya Ancol Tbk dived to a 3-year minimum, losing 25.00% and coming up with a reading of 990.00. Equities of PT Dafam Property Indonesia Tbk jumped to a historic maximum, gaining about 24.54%, demonstrating 406.00. Jaya Trishindo Tbk PT dived to its historic minimum, losing about 23.81%, concluding the trading session at 144.00.
June delivery WTI futures gained 0.31%, hitting $68.14 per barrel. July delivery Brent crude futures managed to ascend by 0.10%, displaying $73.43 a barrel. As for June delivery gold futures, they acquired 0.56%, reaching $1.3129.90 a troy ounce.
The currency pair USD/IDR slumped by approximately 0.49% showing 13.934.0.
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