Composite Stock Price Index ( CSPI ) in Indonesia Stock Exchange ( IDX ) on Thursday opened down 65.18 points to respond to a decision by the U.S. central bank ( the Fed ) conduct financial stimulus reduction .
BEI index opened down by 65.18 points, or 1.50 percent to 4351.25 . While the index of 45 leading shares ( LQ45 ) fell 15.06 points ( 2.03 percent ) to a level of 727.39 .
" Asian markets this morning , including the BEI index opens factoring sentiment declined significantly from a reduction in the U.S. fiscal stimulus , " said analyst Samuel Securities , Adrianus Bias on Thursday .
He argues that the Fed reduce its stimulus by 10 billion dollars to 65 billion U.S. dollars , regardless of the exchange rate of some developing countries that are in a depreciating trend .
" The Fed also gave a hint that tapering will still be done in the coming months as an improving U.S. economy , " he said .
He suggested that some of the stocks in the country rose significantly in the last two days as Bank Mandiri ( BMRI ) , Telekomunikasi Indonesia ( TLKM ) , Indofood CBP Sukses Makmur ( ICBP ) , Indocement ( INTP ) and Kalbe Farma ( KLBF ) potentially experiencing taking.
Head of Research Valbury Asia Securities , Alfiansyah adding , after the U.S. central bank chose to continue trimming bond purchases to 65 billion per month it signaled that the Fed will continue to survive in the current policy path , unless there was a crisis in a larger scale
"The weakening also occurs on U.S. exchanges , the domestic stock index in today's trading prone corrected . Sentiment that the U.S. could eliminate the positive sentiment from China post reduced the risk of the country's banking system , " he said .
Regional exchanges , including the Hang Seng index fell 353.15 points ( 1.59 percent) to 21788.46 , the Nikkei index fell 488.32 points ( 3.17 percent ) to a level of 14895.59 and Straits Times fell 33.21 points ( 1.09 percent ) to 3014.72 position .