JAKARTA: A foreign institutional today has sold 1.6% stake in Indonesia's second largest cement maker PT Indocement Tunggal Prakarsa Tbk (INTP) at IDR16,150 per share or IDR969 billion.The transaction was done after Macquarie Securites, placement agent, closed a crossing deal at IDR16,150, nearly the lowest level of the placement price range.Indocement stocks yesterday were offered at IDR16,000-IDR17,000 per share.Following the shares sale, Indocement steeply fell 4.71% to IDR16,200. (wiw)

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