ID :
86731
Thu, 10/29/2009 - 15:40
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https://www.oananews.org//node/86731
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BEI INDEX CLOSES LOWER ON PANIC SELL-OFFS
Jakarta, Oct. 29 (ANTARA) - The Composite Stock Price Index (IHSG) at the Indonesian Stock Exchange (BEI) here on Thursday noon closed lower on panic sell-offs.
Investors sold shares in panic and caused the Indonesian stocks to plunge, Krisna Dwi Setiawan, a research analyst of PT Valbury Asia Securities, said.
"It`s not clear why the index fell sharply, and the IHSG`s depreciation is even much bigger than the index falls at regional bourses," he said.
At Asian regional bourses, the Hang Seng index weakened 525.70 points or 2.42 percent to 21.235,88, Nikkei-225 index fell 181.21 points or 1.80 percent to the level of 9.893,84, and Straits Times index surged 19.00 points or 0.72 percent to 2.629,98.
The transactions were recorded at 63,679 times, involving 3.66 billion shares and worth Rp3.32 trillion. Some 17 shares advanced, 191 shares lost and 25 shares remained static. .
At the BEI, top losers included Indo Tambangraya (ITMG) shares which dropped Rp 1,200 to Rp 20,700, BRI (BBRI) shares that fell Rp200 to Rp 7,100, PTBA shares that lost Rp 200 to Rp 14,550, BCA (BBCA) shares that plunged Rp200 to Rp 4,400, Telkom (TLKM) shares that declined Rp 200 to Rp 8,150.
Meanwhile, earlir, the IHSG at the (BEI) got off to a weak start here on Thursday morning in the first minutes of the trading opening.
The BEI index went down 92.275 points or 3.92 percent to 2,262.833, and the LQ-45 index fell 20.496 points or 4.52 percent to 440.409 points.***2***
Investors sold shares in panic and caused the Indonesian stocks to plunge, Krisna Dwi Setiawan, a research analyst of PT Valbury Asia Securities, said.
"It`s not clear why the index fell sharply, and the IHSG`s depreciation is even much bigger than the index falls at regional bourses," he said.
At Asian regional bourses, the Hang Seng index weakened 525.70 points or 2.42 percent to 21.235,88, Nikkei-225 index fell 181.21 points or 1.80 percent to the level of 9.893,84, and Straits Times index surged 19.00 points or 0.72 percent to 2.629,98.
The transactions were recorded at 63,679 times, involving 3.66 billion shares and worth Rp3.32 trillion. Some 17 shares advanced, 191 shares lost and 25 shares remained static. .
At the BEI, top losers included Indo Tambangraya (ITMG) shares which dropped Rp 1,200 to Rp 20,700, BRI (BBRI) shares that fell Rp200 to Rp 7,100, PTBA shares that lost Rp 200 to Rp 14,550, BCA (BBCA) shares that plunged Rp200 to Rp 4,400, Telkom (TLKM) shares that declined Rp 200 to Rp 8,150.
Meanwhile, earlir, the IHSG at the (BEI) got off to a weak start here on Thursday morning in the first minutes of the trading opening.
The BEI index went down 92.275 points or 3.92 percent to 2,262.833, and the LQ-45 index fell 20.496 points or 4.52 percent to 440.409 points.***2***
