Share price higher on Jakarta Stock Exchange

Share price higher on Jakarta Stock Exchange

JAKARTA (JP): Stock prices closed higher on the Jakarta Stock Exchange (JSX) yesterday, with the broad-based Composite Index increasing slightly to 464.28 from 463.11 on Friday.

The narrow-based GTDBS-50 Index rose to 108.50 from 108.15.

Trading volume plummeted to 13.20 million shares worth Rp 63.49 billion (US$29.51 million) from 22.43 million shares valued at Rp 97.13 billion.

Among yesterday's best performers were Kabel Metal Indonesia (+Rp 550), Modernland Realty Ltd. (+Rp 500), Multi Bintang Indonesia (+Rp 900), Panca Wiratama Sakti (+Rp 475) and Sekar Bumi (+Rp 200).

Top losers included Andayani Megah (-Rp 275), Anwar Sierad (- Rp 200), Bank Niaga (-Rp 200), Dankos Laboratories (-Rp 4,300), Ever Shine Textile Industry (-Rp 1,200), Panin Insurance (-Rp 250), Prima Alloy Steel (-Rp 200), Tigaraksa (-Rp 500) and Voksel Electric (-Rp 500).

A total of 8.44 million shares worth Rp 33.39 billion changed hands on the regular board and some 3.69 million shares valued at Rp 21.80 billion changed hands on the crossing board.

A total of 1.07 million shares changed hands at Rp 8.20 billion on the foreign board and 250 million shares at Rp 1.26 million on the odd lot board.

The block sale and cash trading boards recorded no transactions yesterday. (fhp)