The major victims of this profit taking at the Indonesia Stock Exchange (IDX) were the big cap stocks, such as Astra Agro Lestari, Unilever Indonesia, Indo Tambangraya Megah, and Indocement Tunggal Prakarsa. The pace of profit taking left a new gap at 4,358-4,437 but the decline also meant that a previous gap (4,393-4,398) was closed (and almost closing the gap at 4,270-4,292).

Asian stock markets were down as they were still plagued by China's weak HSBC Manufacturing PMI in combination with various companies' financial reports that did not meet investors' expectation. Negative sentiments were also caused by Japan's slowing exports, which results in the country's growing trade deficit. Moreover, ahead of the Federal Reserve's tapering issue, investors turn to safe havens, such as the US dollar and Japan's yen. On global markets concern has arisen about a quickening pace of the Federal Reserve's winding down of its quantitative easing program.