Jakarta (Antara Bali) - The Jakarta share price index fell 3.63 points on profit taking in the opening trade on Tuesday.
The index of the Indonesian Stock Exchange opened 0.08 percent lower at 4,318.34 points with index of 45 most liquid stocks down 0.13 percent to 718.82 points.
Chief researcher of Trust Securities Reza Priyambada said the BEI index fell again after significant rise on Monday.
"Inflation and trade balance data released on Monday were quite positive to push up the BEI index, but profit taking weakened the index this morning," Reza said.
The declining rend of Asian markets added to negative sentiment weakening the BEI index, he added.
Regional markets such as Hang Seng recorded a 0.72 percent fall in index to 23,865.68 points, with Nikkei-225 index up 0.41 percent to 15,721.65 points and that of Straits Times down 0.04 percent to 3,187.64 points.
He said improved stability of rupiah is expected to reduce the pressure on the BEI index that it could resume the rising trend.
Meanwhile rupiah stable at the level of 11,507 per US dollar in inter-bank transaction transactions in the opening trade on Tuesday. (*/DWA)
COPYRIGHT © ANTARA News Bali 2013
The index of the Indonesian Stock Exchange opened 0.08 percent lower at 4,318.34 points with index of 45 most liquid stocks down 0.13 percent to 718.82 points.
Chief researcher of Trust Securities Reza Priyambada said the BEI index fell again after significant rise on Monday.
"Inflation and trade balance data released on Monday were quite positive to push up the BEI index, but profit taking weakened the index this morning," Reza said.
The declining rend of Asian markets added to negative sentiment weakening the BEI index, he added.
Regional markets such as Hang Seng recorded a 0.72 percent fall in index to 23,865.68 points, with Nikkei-225 index up 0.41 percent to 15,721.65 points and that of Straits Times down 0.04 percent to 3,187.64 points.
He said improved stability of rupiah is expected to reduce the pressure on the BEI index that it could resume the rising trend.
Meanwhile rupiah stable at the level of 11,507 per US dollar in inter-bank transaction transactions in the opening trade on Tuesday. (*/DWA)
Editor : Dewa Sudiarta Wiguna
COPYRIGHT © ANTARA News Bali 2013