ID :
107505
Fri, 02/19/2010 - 19:10
Auther :

BEI INDEX OPENS LOWER ON PROFIT TAKING MOVES

Jakarta, Feb. 19 (ANTARA) - The Composite Stock Price Index (IHSG) at the Indonesian Stock Exchange (BEI) here on Friday morning got off to a weak star as investors dumped shares to take profit.

The BEI index went down 15.964 points or 0.62 percent to 2,544.170 and the LQ-45 index fell 3.535 points or 0.72 percent to 495.228 points.

Investors particularly dumped mining shares despite the world crude oil price hike, according to Ahmad Riyadi, a research analyst of PT Millenium Asia Securities.

Among top losers at the BEI was Bumi shares that plunged Rp75 to Rp2,275 per share. A total of Bumi's 53.41 million shares were traded with a total value of Rp106.80 billion.

Indo Tambang Mega shares went down Rp400 to Rp30,200, Astra Int shares lost Rp200 to Rp35,650, and Gudang Garam shares declined Rp200 to Rp23,850.

Meanwhile, the rupiah weakened against the US dollar in the Jakarta interbank spot market here on Friday morning on profit taking moves.

The Indonesian currency traded Rp9,345-Rp9,355 per US dollar, down 55 points from Rp9,290-Rp9,300 per US dollar at the market's close a day earlier.

(f001/A/HAJM/

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