Shares Rise Amid Slow Trading
May 19, 2011
The Jakarta Stock Exchange Index rose 0.718 to 543.751. Gainers led decliners 50 to 41, with 51 shares unchanged. Volume was at 97.8 million shares valued at 202 billion rupiah. Analysts said that most local investors were actively buying second-tier and third-tier shares on various rumors. Telekomunikasi Indonesia gained 25 rupiah to 3,300 amid news that Telekom employees would sell their stakes in November. Bank Dagang Nasional Indonesia was unchanged at 1,575 rupiah, Binns Heaney was even at 6,375 rupiah and Indosat was up 50 rupiah to 7,300.
