Share prices continue falling on Jakarta Stock Exchange<\/p>\n
JAKARTA (JP): The Jakarta Stock Exchange (JSX) yesterday
\nextended its three day losing streak with the broad-based
\nComposite Index closing at 494.36, as compared to 501.79 on
\nTuesday.<\/p>\n
\"The drop in the key index, breaking the psychological barrier
\nof 500, will not make investors worried. It is a normal
\nfluctuation,\" an official of the monetary authority told The
\nJakarta Post yesterday.<\/p>\n
He was optimistic that the index will grow stronger along with
\nthe government's policy to give more attention to improving
\nmarket's infrastructures and legal instruments.<\/p>\n
The narrower GTDBS-50 Index also declined to close at 118.10
\nfrom 119.95.<\/p>\n
Trading volume sank to 15.96 million shares worth Rp 67.17
\nbillion yesterday from 20.69 million shares valued at Rp 87.29
\nbillion on Tuesday.<\/p>\n
Top gainers were Bakrie & Brothers (+Rp 200), Charoen Pokphand
\nIndonesia (+Rp 125), Sepatu Bata (+Rp 150) and Ultra Jaya Milk
\n(+Rp 250).<\/p>\n
Yesterday's top losers included Bank International Indonesia
\n(-Rp 400), Delta Djakarta (-Rp 1,000), Gadjah Tunggal (-Rp 250),
\nGudang Garam (-Rp 375), Mayora (-Rp 400), Ometraco (-Rp 250),
\nUnggul Indah Corp. (-Rp 250) and Unilever Indonesia (-Rp 500).<\/p>\n
Yesterday's trading, which was marked by declines in the
\nprices of most of the share issues, posted transactions of 6.96
\nmillion shares worth Rp 30.85 billion on the regular board, 8.33
\nmillion shares valued at Rp 33.77 billion on the crossing board,
\n659,500 shares with a total value of Rp 2.53 billion on the
\nforeign board and 853 shares worth Rp 16.12 million on the odd
\nlot board.<\/p>\n
The block sale and cash trading boards recorded no
\ntransactions yesterday. (fhp)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/share-prices-continue-falling-on-jakarta-stock-exchange-1447893297",
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"sponsor": "Okusi Associates",
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