Indonesia Shares Draw Flat Lead For Monday's Trade

(RTTNews) - The Indonesia stock market on Friday ended the three-day winning streak in which it had gathered more than 170 points or 3.4 percent. The Jakarta Composite Index now rests just above the 5,140-point plateau and it figures to be rangebound again on Monday.

The global forecast for the Asian markets remains mired in uncertainty, balancing better than expected economic data, tumbling crude oil prices and continued uncertainty over stimulus. The European and U.S. markets were slightly higher and the Asian markets now look to open roughly flat.

The JCI finished modestly lower on Friday following mixed performances from the financial shares, resource stocks and cement companies.

For the day, the index shed 34.38 points or 0.66 percent to finish at 5,143.89 after trading between 5,119.68 and 5,187.37.

Among the actives, Bank Danamon Indonesia collected 0.36 percent, while Bank Mandiri added 0.43 percent, Bank Negara Indonesia shed 0.43 percent, Indosat lost 0.42 percent, Indocement tanked 3.85 percent, Semen Indonesia advanced 0.78 percent, Indofood Suskes tumbled 2.14 percent, Astra Agro Lestari gained 0.52 percent, Aneka Tambang rose 0.60 percent, Vale Indonesia sank 1.08 percent, Timah rallied 0.63 percent, Perusahaan Gas retreated 2.02 percent and Bumi Resources was unchanged.
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