Jakarta (Antara Bali) - The share prices on the Indonesian Stock Exchange fell in the morning trade on Friday on profit taking.
The Jakarta Composite Index declined 0.15 percent to 4,062.61 points with the index of the 45 most liquid stocks (LQ45) down 0.22 percent to 696.04 points.
"The index falls again this morning on profit taking by investors since yesterday," says Christine Salim, an analyst from Samuel Sekuritas.
Christine said investors in mining, plantation and cement stocks might continue the selling action, also triggered by falling market in Europe and the United States following interest rate cut by the European and Chinese central banks.
Asian regional markets also followed the downtrend on disappointment with ECB taking no new monetary stimulus, she said.(IGT)
COPYRIGHT © ANTARA News Bali 2012
The Jakarta Composite Index declined 0.15 percent to 4,062.61 points with the index of the 45 most liquid stocks (LQ45) down 0.22 percent to 696.04 points.
"The index falls again this morning on profit taking by investors since yesterday," says Christine Salim, an analyst from Samuel Sekuritas.
Christine said investors in mining, plantation and cement stocks might continue the selling action, also triggered by falling market in Europe and the United States following interest rate cut by the European and Chinese central banks.
Asian regional markets also followed the downtrend on disappointment with ECB taking no new monetary stimulus, she said.(IGT)
Editor : Masuki
COPYRIGHT © ANTARA News Bali 2012