Share prices rise on Jakarta Stock Exchange

JAKARTA (JP): The JSX broke a time honored tradition yesterday when the price of traded shares gained ground in the midst of declines on other Asian markets.

The broad-based Composite Index increased by almost two points.

The index, rising for the first time this week, closed to 462.64 yesterday, as compared to 460.33 on Tuesday.

There was a slight increased on the narrow-based GTDBS-50 Index from 107.06 to 107.44.

Trading volume rose to 17.21 million shares worth Rp 73.57 billion (US$34.23 million) from 12.46 million shares valued at Rp 49.99 billion.

The shares gaining sharp increases yesterday included Kedaung Indah Can (+Rp 225), Mayatexdian (+Rp 700), Putra Surya Perkasa (+Rp 425), Semen Cibinong (+Rp 250) and United Tractor (+Rp 225).

Yesterday's top losers were Bayu Buana (-Rp 200), Polysindo Eka Perkasa (-Rp 225), Kabel Metal Indonesia (-Rp 200) and Unilever Indonesia (-Rp 1,000).

A total of 8.72 million shares changed hands yesterday at Rp 31.16 billion on the regular board, 400,000 shares at Rp 2.10 billion on the block sale board, 6.62 million shares at Rp 33.87 billion on the crossing board and 1.46 million shares at Rp 6.43 billion on the foreign board.

The odd lot and cash trading boards recorded no transactions yesterday. (fhp)