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Article: STOCKS - JAKARTA SHARES CLOSE LOWER - AUG 26, 2009.
- Article from:
- AsiaPulse News
- Article date:
- August 26, 2009
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JAKARTA, Aug 26 Asia Pulse - Commodity price declines in the global market created pressure on the Composite Stock Price Index (IHSG) at the Indonesian Stock Exchange (BEI) here on Wednesday.
The Indonesian stocks closed 8.260 points of 0.35 per cent lower at 2,372.261, and the LQ45 index weakened 2.290 points or 0.49 per cent to 462.835.
The BEi index was affected by fluctuations in the world oil price which had lately stood at about US$71 per barrel, Krishna Dwi Setiawan, a research analyst of PT Valbury Asia Securities, said.
The oil price fall caused commodity prices to decrease at the global market, he said.
The commodity price ...