Stock Exchange

Stock Exchange

JAKARTA (JP): Most share prices closed lower on the Jakarta
Stock Exchange (JSX) here yesterday after recovering over the
weekend.

The broad-based Composite Index closed at 458.37 yesterday,
compared to 458.73 on Friday, while the narrower-based GTDBS
Index decreased to 109.41 from 109.88.

A broker at JSX said Perdana Cipta Multi Finance listed 50
million shares yesterday.

Significant increases in shares were Ades Alfindo (up Rp 400)
and Perdana Cipta Multi Finance (up Rp 350).

Declines in shares were Lippo Securities (down Rp 3,000), Sona
Topas (down Rp 1,375), Panin Insurance (down Rp 400), Tjiwi Kimia
(down Rp 300) Pakuwon Jati (down Rp 250), Ganda Wangsa Utama,
Bank Surya, Alkasa and Kabel Metal Indonesia (down Rp 200 each),

Trading volume dropped to 7.93 million shares valued at Rp
38.07 billion (US$17.63 million) yesterday from 9.13 million
shares worth Rp 40.65 billion on Friday.

Of the total trading volume, 4.26 million shares changed hands
at Rp 19.01 billion on the regular market, 3.49 million shares at
Rp 18.37 billion on the crossing board and 172,000 shares at Rp
682.87 million on the foreign board.

The bloc sale, odd lot and cash trading boards recorded no
transactions. (icn)