Jakarta shares up

Indonesian shares ended 1.92 percent higher on Tuesday as gains across the region inspired bargain buying in most bank and auto stocks, dealers said. The Jakarta Composite Index gained 46.01 points to 2,443.83. "Local funds dominated buying despite profit-taking by foreigners," a trader told Dow Jones Newswires. Foreigners were net sellers of 165 billion rupiah (16.99 million dollars) worth of shares.
Bank Danamon jumped 4.7 percent to 5,000 rupiah, while Bank Negara Indonesia advanced 2.5 percent to 2,075. Car distributor Astra International climbed 6.2 percent to 31,900 rupiah.