Friday 17 July 2009

Index Tumbles Due to Blasts


VIVAnewsThe blasts at JW Marriot and Ritz Carlton had triggered the composite stock price index in the Indonesia Stock Exchange (IDX) to slide by 55 points to 2,062.

“The investors tend to refer to the blast incident at the JW Marriot and Ritz Carlton,” said Head Researcher of PT Paramitra Alfa Sekuritas to VIVAnews in Jakarta on Friday, July 17. He projected that the index would move between 2,080/2,050 and 2,150/2,200.

IDX managing director Ito Warsito did not want to make any speculation on the bombing incident. “I have no further information on the incident. We are awaiting an official announcement from the police,” he said.

However, foreign investors still recorded buying transaction worth Rp 67.08 billion and share sales valued Rp 30 billion.

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