JAKARTA (JP): Share prices continued to rally on the Jakarta

JAKARTA (JP): Share prices continued to rally on the Jakarta
Stock Exchange (JSX) yesterday with most issues gaining ground in
moderate trading.

The broad-based Composite Index closed 10.37 points higher at
498.36 from 487.99 on Friday, while the narrower-based GTDBS-50
Index rose to 117.98 from 115.40.

A broker said that the JSX Index was revised with the listing
of 29,755,268 common shares of Hotel Prapatan and 70 million
common shares of Kabel Metal.

Among the top gainers were Bank Int'l Indonesia (up Rp 775),
Duta Anggada Realty (up Rp 700), Lippo Bank (up Rp 575), Astra
Int'l Inc, Dankos Laboratories and Mayora (up Rp 500 each),
Matahari Putra Prima and Semen Cibinong (up Rp 450 each), Bank
Niaga and Indorama Synthetics (up Rp 400 each), Zebra Nusantara
(up Rp 325) and Jaya Pari Steel (up Rp 300).

Yesterday's losers included Panca Wiratama Sakti (down Rp
250), Indocement Tunggal Prakarsa, Lippo Securities, Mayatexdian,
Trafindo Perkasa and United Tractor (down Rp 200 each).

Trading volume rose to 29.16 million shares valued at Rp
137.19 billion (US$63.75 million) yesterday from 20.55 million
shares valued at Rp 87.06 billion ($40.45 million) on Friday.

Of the total trading volume, 13.77 million shares changed
hands at Rp 61.08 billion on the regular market, 700,000 shares
at Rp 3.73 billion on bloc trading board, 12.41 million shares at
Rp 58.24 billion on the crossing board and 2.28 million shares at
Rp 14.13 billion on the foreign board.

The odd lot and cash trading boards recorded no transactions
yesterday.(icn/2)