JAKARTA (JP): Prices on the Jakarta Stock Exchange (JSX) continued to plummet yesterday despite a sign of recovery on other Asian markets.

The broad-based Composite Index lost another seven points to close at 473.96, the lowest level since October last year.

The narrower-based GTDBS-50 Index also fell to close at 111.79 from 114.79 on the previous day.

Securities analysts said that the market remained under a heavy selling pressure despite signs of recovery on other Asian stock exchanges. Most of the other exchanges gained ground yesterday with news of a significant surge recorded by the New York Stock Exchange on Tuesday.

Top losers included Bakrie & Brothers (-300), Bank Internasional Indonesia (-Rp 325), Branta Mulia (-Rp 1,100), Barito Pacific (-Rp 450), Dharmala Sakti (-Rp 300), Hero Supermarket (-Rp 200), Indocement (-Rp 1,450), Kalbe Farma (-Rp 500), Lippo Pacific (-Rp 300), Modernland Realty (-Rp 400), Mayora (-Rp 500), Polysindo (-Rp 500) and United Tractor (-Rp 500).

Top gainers were Great River (+200), Pakuwon Jati (+Rp 150), Sari Husada (+Rp 3,800), Smart Corp (+Rp 150) and Unggul Indah Corp (+Rp 300).

Trading volume rose to 13.66 million shares worth Rp 66.05 billion (US$31.45 million) yesterday from 8.08 million shares worth Rp 35.82 billion on Tuesday.(hen)