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Indonesian shares down on profit-taking in bank sector amid thin holiday trade

Indonesian shares down on profit-taking in bank sector amid thin holiday trade

Indonesian shares fell Tuesday on profit-taking in very thin, uninspired holiday season trading with the index falling mostly in the banking sector.
The Jakarta Stock Exchange Composite index was down 1.781 points, or 0.1 percent, at 1,783.979.
Bank Danamon led the financial decliners, shedding 3 percent to 6,450 rupiah, while Bank Rakyat Indonesia was off 0.9 percent at 5,200 rupiah and Bank Central Asia fell 0.9 percent to 5,100 rupiah.
Gainers led decliners 66 to 57 with 88 stocks unchanged and dealers expect shares to trade flat to slightly lower Wednesday in thin trade, amid a lack of fresh local cues.
Meanwhile, the local currency, the rupiah, rose to 9,074 against the U.S. dollar from Friday's rate of 9,096, as capital flows continued to trickle into the country.


Updated : 2021-06-21 09:48 GMT+08:00