ID :
93953
Wed, 12/09/2009 - 12:05
Auther :
Shortlink :
https://www.oananews.org//node/93953
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BEI INDEX OPENS LOWER ON SELL-OFFS
Jakarta, Dec. 9 (ANTARA) - The Composite Stock Price Index (IHSG) at the Indonesian Stock Exchange (BEI) here on Wednesday morning opened slightly lower on share sell-offs.
The BEI index went down 4.958 points or 0.14 percent to 2,478.933, and the LQ-45 index fell 1.199 points or 0.24 percent to 490.702 points.
The market was rather sluggish because investors refrained from buying stocks at the BEI, Alfiansyah, a research analyst of PT Sinarmas Securities, said.
They were a bit worried over an anti-corruption mass rally on Wednesday expected to be participated in by at least 30,000 people in Jakarta, he said.
Some of them were staying home with their families as they were worried about safety in the streets, he said.
Alfiansyah hoped the rally would run peacefully, especially with the support of the government`s preparations to guard the demonstration.
Meanwhile, the rupiah in the Jakarta interbank spot market here on Wednesday morning slightly weakened against the US dollar as investors were cautious over the anti-corruption rally.
The Indonesian currency traded Rp9,465-Rp9,475 per US dollar, down 17 points from Rp9,445-Rp9,455 per US dollar at the market`s close a day earlier.
The BEI index went down 4.958 points or 0.14 percent to 2,478.933, and the LQ-45 index fell 1.199 points or 0.24 percent to 490.702 points.
The market was rather sluggish because investors refrained from buying stocks at the BEI, Alfiansyah, a research analyst of PT Sinarmas Securities, said.
They were a bit worried over an anti-corruption mass rally on Wednesday expected to be participated in by at least 30,000 people in Jakarta, he said.
Some of them were staying home with their families as they were worried about safety in the streets, he said.
Alfiansyah hoped the rally would run peacefully, especially with the support of the government`s preparations to guard the demonstration.
Meanwhile, the rupiah in the Jakarta interbank spot market here on Wednesday morning slightly weakened against the US dollar as investors were cautious over the anti-corruption rally.
The Indonesian currency traded Rp9,465-Rp9,475 per US dollar, down 17 points from Rp9,445-Rp9,455 per US dollar at the market`s close a day earlier.
