Share prices rise a tad in JSX moderate trading<\/p>\n
JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX)
\nrose slightly yesterday in moderate trading, with most bluechip
\nstocks dominating the transactions.<\/p>\n
\"There is nothing special in the market except that local
\ninvestors continue to buy stocks which have relations with high-
\nprofile business groups,\" a dealer with a joint venture
\nsecurities said referring to Citra Marga Nusaphala Persada
\n(CMNP), Astra International, Bimantara Citra and Bhakti Investama
\nshares.<\/p>\n
CMNP's share price rose Rp 25 to Rp 600 (7 U.S. cents) on a
\nvolume of 18.17 million shares changing hands, Astra
\nInternational was up Rp 75 to Rp 1,900 on 23.58 million shares
\ntraded, Bhakti Investama rose Rp 200 to Rp 1,500 on a total
\nvolume of 14.62 million shares changing hands while conglomerate
\nBimantara Citra remained unchanged at Rp 1,025 after 8.75 million
\nshares exchanging hands yesterday.<\/p>\n
Brokers said that local securities houses like Danareksa
\nSekuritas, Lippo Securities and Bhakti Investama were making
\nlarge buying orders.<\/p>\n
The JSX composite index rose 0.2 percent to 512.14 points from
\n510.78 the previous day.<\/p>\n
Around 682.39 million shares worth Rp 524.36 billion changed
\nhands on the regular market.<\/p>\n
Brokers said foreign investors were still waiting for the
\ngovernment's announcement on the result of its talks with the
\nInternational Monetary Fund.<\/p>\n
Most regional markets looked to the domestic front for their
\nleads, with a big profit-drop announced by mining giant BHP
\ndriving down Sydney and follow-up selling hitting Hong Kong, AFP
\nreported.<\/p>\n
In Tokyo, Japan's Nikkei Stock Average of 225 leading issues
\nlost 241.36 points to close at 16,739.26, reversing a 322.28-
\npoint gain in the previous session.<\/p>\n
In Hong Kong, the key Hang Seng index lost 22.38 points to
\nclose at 11,735.50, after losing 0.4 percent the previous day to
\nend a five-day winning run.<\/p>\n
In Sydney, the Australian Stock Exchange's key All Ordinaries
\nindex fell 18.4 points to 2,762.7.<\/p>\n
In Singapore, the benchmark Straits Times Industrials index
\nrose 2.29 points to end the week at 1,653.93 while the broader
\nAll-Singapore index was up 1.89 points to 431.19.<\/p>\n
In Kuala Lumpur, the 100-share weighted composite index fell
\n5. 69 points to end at 727.62.<\/p>\n
In Manila, the Philippine Stock Exchange composite index shed
\n8.71 points to close at 2,301.66 points.<\/p>\n
In Seoul, the composite index closed up 1.95 points, or 0.4
\npercent, at 503.08 from a low of 493.95 touched by mid-morning.<\/p>\n
In Taipei, the Taiwan Stock Exchange weighted price index rose
\n81.66 points to 9,095. 83, following Thursday's 0.3 percent drop.<\/p>\n
In Shanghai, the B share index lost 0.37 points to close at
\n54.01 points while the A share index of locally-traded stocks
\nended up 37.47 points, or 3.0 percent, at 1,291.11 points.<\/p>\n
In New Zealand, the NZSE-40 was down 8.41 points to 2,340.91
\non heavy turnover of NZ$294.6 million (US$165.6 million) with
\nTelecom Corp down 10 cents. (aly)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/share-prices-rise-a-tad-in-jsx-moderate-trading-1447893297",
"image": ""
},
"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
}