Jakarta (Antara Bali) - The Indonesian Stock Exchange (BEI) opened trade on Friday morning with the composite share price index down slightly on profit taking.
"Selling pressure by investors pushed down the BEI index," HD Capital's analyst Yuganur Wijanarko said here on Friday.
The BEI index fell 2.40 points or 0.05 percent to 4,992.13 points with the index of 45 most liquid stocks down 0.07 percent to 847.22 points.
Meanwhile, Sinarmas Sekuritas' analyst Tessa Mulia predicted the index would fluctuate hovering slightly lower around 4,950-5,000 points.
Meanwhile, the Indonesian currency rupiah gained three points against the US dollars with Bank Indonesia set to keep the currency stable. Rupiah traded at the level of 9,712 to the dollar in inter-bank transaction rising in value from 9,715 on Thursday's close.
"Bank Indonesia will continue to maintain rupiah stability," Ruly Nova, a market observer from Bank Himpunan Saudara, predicted here on Friday. (IGT)
