JAKARTA: Indonesian shares fell 1.47% or 55.77 points to 3,731.87 at the midday trading break, in line with regional markets which mainly dropped following rising concerns over the pace of global economic growth after Chinas export growth fell short, raising concern over the pace of global economic recovery.
The decline in Indonesian stocks was led by PT Astra International Tbk which gave -6.62 points contribution, followed by PT Bank Rakyat Indonesia Tbk with -4.28 points, PT Gudang Garam Tbk -3.60 points and PT Bumi Resources Tbk -3.03 points.PT Bank Central Asia Tbk was one of several stocks that sustained the index with positive contribution of 1.43 points. Included in this line were shares of PT Indofood Sukses Makmur Tbk 0.51 point, PT Bayan Resources Tbk 0.39 point and PT Elang Mahkota Teknologi Tbk 0.12 point.BISNIS-27 Index, theindex of27 stocks and launched by business daily newspaper dubbed Bisnis Indonesia, slid 1.29% or 4.19 point to 320.66. BISNIS-27 Index moved within range 320.32-324.81.From regional markets, Nikkei 225 slipped 0.85% to 9,433.79, Hang Seng in Hong Kong market declined 0.78% to 22,245.98, Shanghai SE fell 1.11% to 2,675.10, South Korean's Kospi decreased 0.56% to 2,035.11, and Straits Times in Singapore decreased 0.65% to 3,058.26.The MSCI Asia Pacific Index fell 0.85% to 866.60The rupiah also declined 0.18% against the US dollar at IDR8,535. (MSW/NOM)
