Jakarta (Antara Bali) - Indonesia's benchmark stock index fell in morning trade on Monday to follow the regional trend.
The index of the Indonesian Stock Exchange (BEI) opened 57.03 points or 1.24 percent lower at 4,526.80 with index of 45 most liquid stocks down 13.33 point or 1.72 percent to 760.60.
"Asian markets including BEI weakened this morning after correction recorded by the US stock exchanges last weekend," Samuel Sekuritas' analyst Benedictus Agung said here on Monday.
Benedictus said negative sentiment came from the United States with market players expecting a widening in the US debt ceiling.
"The market is also awaiting the release of Chinese manufacture data early this week," he added.
Alfiansyah, head of research of PT Valbury Asia Securities, said the US debt ceiling could be a new threat to the market for fear of US default.
Alfiansyah said he hoped the impact of the Fed delaying reduction of monetary stimulus could open the wider the door for foreign capital to enter the Indonesian market.
The policy adopted by The Fed Governor Ben Bernanke also signaled delay in raising interest rate until 2016. (*/DWA)
COPYRIGHT © ANTARA News Bali 2013
The index of the Indonesian Stock Exchange (BEI) opened 57.03 points or 1.24 percent lower at 4,526.80 with index of 45 most liquid stocks down 13.33 point or 1.72 percent to 760.60.
"Asian markets including BEI weakened this morning after correction recorded by the US stock exchanges last weekend," Samuel Sekuritas' analyst Benedictus Agung said here on Monday.
Benedictus said negative sentiment came from the United States with market players expecting a widening in the US debt ceiling.
"The market is also awaiting the release of Chinese manufacture data early this week," he added.
Alfiansyah, head of research of PT Valbury Asia Securities, said the US debt ceiling could be a new threat to the market for fear of US default.
Alfiansyah said he hoped the impact of the Fed delaying reduction of monetary stimulus could open the wider the door for foreign capital to enter the Indonesian market.
The policy adopted by The Fed Governor Ben Bernanke also signaled delay in raising interest rate until 2016. (*/DWA)
Editor : Dewa Sudiarta Wiguna
COPYRIGHT © ANTARA News Bali 2013