The financial sector was the worst performer on Thursday morning (10:15 local Indonesian time). Several large Indonesian banks saw their stocks drop: Bank Mandiri (-2.87 percent), Bank Rakyat Indonesia (-2.41 percent) and Bank Central Asia (-1.50 percent).

On the first trading day after the Federal Reserve announced further tapering, the US dollar tends to appreciate against currencies in the Asia Pacific. On Thursday morning (30/01), the US dollar only weakened against Japan's yen and the Singapore dollar. Based on the Bloomberg Dollar Index, the Indonesian rupiah exchange rate depreciated 0.37 percent to IDR 12,211 per US dollar at 10:15 local Jakarta time.