ASEAN KEY DESTINATIONS
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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