Profit-Taking Weakens Shares
May 10, 2011
The Jakarta Stock Exchange Index slid 1.095 to 548.425 on volume of about 110.22 million shares. Decliners outnumbered gainers 56 to 44, with 42 shares finishing unchanged. Analysts said foreign investors avoided trading ahead of Thursday's court hearing on pro-democracy leader Parks Lira lawsuit against government officials. Telekomunikasi Indonesia fell 50 rupiah to 3,300; and international telephone provider Indosat dropped 25 rupiah to 7,350.
VastPress 2011 Vastopolis
