Jakarta (Antara Bali) - The Jakarta composite share price index fell in the opening trade on Thursday on reports that the US central bank's plan to cut its monetary stimulus faster than expected.
The index of the Indonesian Stock Exchange (BEI) fell 41.12 points or 0.90 percent to 4,533.76 points and the index of 45 most liquid stocks down 1.36 percent to 758.59 points.
Asian market weakened this morning as the US bond-buying program would be cut earlier than March 2014 as expected earlier, Samuel Sekuritas' analyst Benedictus Agung said on Thursday.
The market players are also waiting for third quarter financial performances of listed companies to be published soon, Benedictus said.
He said a number of listed companies such as Bank Central Asia (BBCA), real estate company Bumi Serpong Damai (BSDE), and state gas company Perusahaan Gas Negara (PGAS) have recorded better than expected performances.
Those falling short of expectation in performance include Jasa Marga (JSMR), Hocim Indonesia (SMCB), Mitra Adiperkasa (MAPI), Sampoerna Agro (SGRO), and Media Nusantara Citra (MNCN). (*/DWA)
COPYRIGHT © ANTARA News Bali 2013
The index of the Indonesian Stock Exchange (BEI) fell 41.12 points or 0.90 percent to 4,533.76 points and the index of 45 most liquid stocks down 1.36 percent to 758.59 points.
Asian market weakened this morning as the US bond-buying program would be cut earlier than March 2014 as expected earlier, Samuel Sekuritas' analyst Benedictus Agung said on Thursday.
The market players are also waiting for third quarter financial performances of listed companies to be published soon, Benedictus said.
He said a number of listed companies such as Bank Central Asia (BBCA), real estate company Bumi Serpong Damai (BSDE), and state gas company Perusahaan Gas Negara (PGAS) have recorded better than expected performances.
Those falling short of expectation in performance include Jasa Marga (JSMR), Hocim Indonesia (SMCB), Mitra Adiperkasa (MAPI), Sampoerna Agro (SGRO), and Media Nusantara Citra (MNCN). (*/DWA)
Editor : Dewa Sudiarta Wiguna
COPYRIGHT © ANTARA News Bali 2013