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Pressure Down, Index Still Falls 20 Points

The decrease in the index was better compared to the opening trade.

Rabu, 28 April 2010, 13:06 WIB
Arinto Tri Wibowo
  (AP Photo/Richard Drew)

VIVAnews - Some global and regional stock markets are down, triggering the domestic stock market and affected the benchmark index.

In the end of the first trading session today, April 28, the composite stock price index in the IDX fell 20.73 points (0.7 percent) to 2,918.56.

However, the decrease in the index was better compared to the opening trade.

During the trading in the first session, the index touched the highest level at 2,938.99 and the lower at 2,875.66. The booked volume of transaction reached 4.94 million worth Rp 2.11 trillion.

"The profit taking aimed that the shares with high market capitalization and strong fundamentals that have been traded above the normal values also produced negative sentiment," said BNI Securities analyst Akhmad Nurcahyadi.

Based on data from the IDX, almost all of the sectoral indices are corrected but consumer one.

The shares triggering the fall in the index were Bank Central Asia, International Nickel Indonesia, and Bank Mandiri.

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Translated by: Bonardo Maulana W



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