[Kabar-indonesia] Jakarta Shares Fall Despite Milder Inflation News; Rupiah Up at 9,205
JoyoNews at aol.com
JoyoNews at aol.com
Mon Oct 2 08:47:09 MDT 2006
note: According to AP, the rupiah, rose slightly as the U.S. dollar
closed at 9,205 rupiah, down from Friday's rate of 9,225 rupiah.
3 Reports:
- Indonesian shares fall despite news
of milder inflation in September
- Jakarta Closing Stock Prices
- Most Asian markets advance, but Hong Kong,
India and China take the day off for holidays
Indonesian shares fall despite news of milder inflation in September
JAKARTA, October 2 (AP) - Indonesian shares fell 0.4 percent Monday,
despite news of milder inflation in September that was seen as paving
the way for an interest rate cut.
The Jakarta Stock Exchange Composite index closed down 5.708 points to
1,528.907, gaining slightly from an intraday low of 1,522.414. Volume
was moderate at 2.05 billion shares.
Among the decliners, car distributor Astra lost 2 percent to close at
12,200 rupiah on concerns over poor sales in the third quarter due to
a higher interest rate environment. Heavyweight Telkom shed 0.6
percent to 8,400 rupiah on a correction over recent gains, dealers
said.
The official Central Statistics Agency announced Monday that
Indonesia's inflation rate eased slightly last month, reinforcing
expectations that the country's central bank will cut its benchmark
interest rate by 25 to 50 basis points when its board of governors
meets Thursday.
It said the consumer price index rose 14.55 percent in September from
a year earlier but slower than August's 14.90 percent rise.
Meanwhile, the local currency, the rupiah, rose slightly as the U.S.
dollar closed at 9,205 rupiah, down from Friday's rate of 9,225
rupiah.
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Dow Jones Newswire
OCtober 2, 2006
Jakarta Closing Stock Prices
Prices in rupiah
Close Prior Change %
Change
Aneka Tambang 5450 5500 -50 -0.91
Astra Agro Lestari 8900 9100 -200 -2.20
Astra International 12200 12450 -250 -2.01
Bank Negara Indonesia 2375 Not Traded
Bank Permata 770 770 Unch Unch
Berlian Laju Tanker 2175 2125 +50 +2.35
Cahaya Kalbar 460 Not Traded
Gudang Garam 10500 10350 +150 +1.45
HM Sampoerna 7900 8100 -200 -2.47
Hero Supermarket 6000 6000 Unch Unch
Indah Kiat Pulp & Paper 900 900 Unch Unch
Indocement 4825 4925 -100
-2.03
Indofood Sukses Makmur 1240 1250 -10 -0.80
Indonesian Satellite 5050 5150 -100 -1.94
Indorama 455 430 +25
+5.81
Lippo Bank 1230 1230 Unch
Unch
Polysindo Eka Perkasa 30 Not Traded
Ramayana Lestari Sentosa 880 880 Unch Unch
Semen Gresik 27000 27100 -100 -0.37
Smart Corp 4050 4000 +50
+1.25
Surya Dumai 360 Not Traded
TelekomIndo 8400 8450 -50
-0.59
Timah 1750 1770 -20
-1.13
Tjiwi Kimia 1880 1870 +10
+0.53
Source: Reuters Group PLC
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Most Asian markets advance, but Hong Kong, India and China take the
day off for holidays
HONG KONG, October 2 (AP) -- Most Asian markets rose on Monday, with
the region's biggest bourse in Japan advancing for the fourth straight
session. Markets in India, Hong Kong and mainland China were closed
for holidays.
Japanese stocks were boosted by a Bank of Japan survey that reported
that companies were more confident about business conditions than they
were three months ago.
The Nikkei 225 index advanced 126.71 points, or 0.79 percent, to
finish at 16,254.29 points on the Tokyo Stock Exchange. It was the
highest close since Sept. 6. The index has now gained 4.48 percent
over the last four sessions.
Gainers included autos, electronics stocks and other blue chips. Honda
Motor Co. rose 2.52 percent, Canon Inc. added 1.62 percent and
Mitsubishi Estate Co. jumped 2.71 percent.
In currencies, the U.S. dollar was trading at 118.29 yen on the Tokyo
foreign exchange market late Monday, up from 118.11 yen late Friday in
New York. The euro fell to US$1.2676 from US$1.2678.
Financial markets in Hong Kong and mainland China were closed for the
National Day holiday.
Elsewhere:
BANGKOK: Thai shares ended off 0.3 percent at 683.84 in thin volume as
most players stayed put as they awaited announcements of new Cabinet
members.
JAKARTA: Indonesian shares fell 0.4 percent to 1,528.907, despite news
of milder inflation in September.
KUALA LUMPUR: Malaysia shares rose 0.2 percent after local funds
snapped up shares of government-linked companies. The Composite Index
of 100 blue chips stocks added 2.12 points to 969.67.
MANILA: Philippine shares declined 0.6 percent, led by a drop in
Philippine Long Distance Telephone Co., as regular trading resumed in
the aftermath a powerful typhoon that caused widespread damage last
week. The benchmark 30-company Philippine Stock Exchange Index fell
0.6 percent to 2,542.69.
SEOUL: South Korean shares advanced, boosted by shipbuilding stocks.
The main Korea Composite Stock Price Index, or Kospi, increased 0.2
percent, or 2.81 points, to 1,374.22.
SINGAPORE: Shares closed higher, led by property and bank stocks on
signs of continued strength in the property sector. The benchmark
Straits Times index closed up 31.20 points at 2,600.06.
SYDNEY: Australian shares rose in light trading due to public holidays
in most states. Banks led the market. The benchmark S&P/ASX200 index
rose 24.72 points, or 0.5 percent, to 5,178.8, while the All
Ordinaries gained 25.70 to 5,138.7.
TAIPEI: Taiwan shares advanced 1.1 percent to close at a four-month
high. Tourism shares advanced 3.4 percent, boosted by government's
announcement of an extended holiday. Financial shares were up 3.2
percent on speculation over more merger-acquisition deals in the
sector.
WELLINGTON: New Zealand shares rose slightly amid thin trading due to
partial closure of Australia's market because of the holidays. The
benchmark NZX-50 index rose 14.3 points, or 0.4 percent, to 3,603.69.
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Joyo Indonesia News Service
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