Share prices fall further on JSX

Share prices fall further on JSX

JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX)
continued drifting lower yesterday in line with the downward
trend on other Asian markets.

The broad-based Composite Index closed 5.98 points lower from
473.96 on Wednesday. The narrower-based GTDBS-50 Index also
weakened to 111.12 from 111.79.

Losers included Modern Photo (down Rp 1,750), Schering Plough
(down Rp 1,500), Sorini Corp. (down Rp 700), Kalbe Farma (down Rp
600), Alumindo Perkasa, Astra Int'l Inc. and Astra Graphia (down
Rp 500 each), Bayer Indonesia (down Rp 400), Unggul Indah, Inter
Pacific Bank, Dankos Laboratories and Bank Bali (down Rp 300
each).

Among the gainers were Sari Husada (up Rp 1,000),
Indocement (up Rp 850), Tigaraksa and Polysindo Eka Perkasa (up
Rp 500 each).

Trading volume sank to 10.9 million shares valued at Rp 63.34
billion (US$29.53 million) yesterday from 13.66 million shares
valued at Rp 66.05 billion ($31.45 million) on Wednesday.

A total of 6.17 million shares valued at Rp 27.92 billion of
the total volume changed hands on the regular market, 3.88
million shares worth Rp 26.94 million on the cross trading board
and 848,500 million shares valued at Rp 8.47 million on the
foreign board. The odd lot trading board recorded transactions of
100 shares worth of Rp 380,000.

No shares were traded on the bloc sale and cash trading boards
yesterday.(icn)