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NEWS UPDATES Asean Affairs   13 August 2013  

Jakarta index closes lower on profit taking

Indonesia`s benchmark stock index closed lower on Monday on profit taking by foreign investors.

The index of the Indonesian Stock Exchange (BEI) closed at 43 points or 0.93 percent lower at 4,597.78 points with index of 45 most liquid stocks down 1.42 percent to 763.95 points.

PT eTrading Securities` chief researcher Betrand Raynaldi said foreign investors recorded Rp262 billion in net sales in regular market.

"Among the major stocks sold were Bank Mandiri (BMRI), Astra International (ASII), Semen Indonesia (SMGR), and Perusahaan Gas Negara (PGAS)," Betrand said.

Nurhaida, chief executive of the Capital Market Supervising Agency said the fall in index "was not very deep."

BEI recorded 146,523 transactions in Monday trade with 2.614 billion shares worth Rp4.332 trillion changing hands.

Gainers outnumbered decliners by 125 to 123.

Regional markets such as Hang Seng recorded a 2.13 percent increase in index to 22,271.28 points with Nikkei-225 index down 0.70 percent to 14,519.43 points and that of Straits Times gaining 0.08 percent to 3,232.50 points.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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