AGL 38.02 Decreased By ▼ -1.56 (-3.94%)
AIRLINK 126.60 Decreased By ▼ -4.62 (-3.52%)
BOP 6.87 Increased By ▲ 0.06 (0.88%)
CNERGY 4.43 Decreased By ▼ -0.28 (-5.94%)
DCL 7.90 Decreased By ▼ -0.54 (-6.4%)
DFML 37.32 Decreased By ▼ -4.15 (-10.01%)
DGKC 77.90 Decreased By ▼ -4.19 (-5.1%)
FCCL 30.80 Decreased By ▼ -2.30 (-6.95%)
FFBL 69.90 Decreased By ▼ -2.97 (-4.08%)
FFL 11.93 Decreased By ▼ -0.33 (-2.69%)
HUBC 105.24 Decreased By ▼ -5.50 (-4.97%)
HUMNL 13.60 Decreased By ▼ -0.91 (-6.27%)
KEL 4.67 Decreased By ▼ -0.52 (-10.02%)
KOSM 7.20 Decreased By ▼ -0.41 (-5.39%)
MLCF 36.90 Decreased By ▼ -2.00 (-5.14%)
NBP 66.53 Increased By ▲ 2.52 (3.94%)
OGDC 181.95 Decreased By ▼ -10.87 (-5.64%)
PAEL 24.46 Decreased By ▼ -1.22 (-4.75%)
PIBTL 7.20 Decreased By ▼ -0.14 (-1.91%)
PPL 145.00 Decreased By ▼ -9.07 (-5.89%)
PRL 24.55 Decreased By ▼ -1.28 (-4.96%)
PTC 16.45 Decreased By ▼ -1.36 (-7.64%)
SEARL 78.80 Decreased By ▼ -3.50 (-4.25%)
TELE 7.35 Decreased By ▼ -0.41 (-5.28%)
TOMCL 32.13 Decreased By ▼ -1.33 (-3.97%)
TPLP 8.15 Decreased By ▼ -0.34 (-4%)
TREET 16.64 Increased By ▲ 0.02 (0.12%)
TRG 55.19 Decreased By ▼ -2.21 (-3.85%)
UNITY 27.55 Increased By ▲ 0.04 (0.15%)
WTL 1.32 Decreased By ▼ -0.05 (-3.65%)
BR100 10,165 Decreased By -340 (-3.24%)
BR30 29,734 Decreased By -1492.2 (-4.78%)
KSE100 95,177 Decreased By -2902.5 (-2.96%)
KSE30 29,665 Decreased By -893.6 (-2.92%)

Jakarta stocks ended slightly higher on Thursday, helped by last minute buying in selected shares and hopes for higher revenues for the bourse's biggest firm, PT Telekomunikasi Indonesia (Telkom).
Telkom said on Wednesday it would increase its call charges starting on April 1.
The composite index, which spent most the day in negative territory, managed to finish up 0.27 percent at 737.65 points in a moderate turnover estimated at 653.4 billion rupiah. Gainers outnumbered losers 58 to 55 while 73 shares were unchanged.
"Telkom was help by the government's decision to allow companies to increase its tariffs. I think that would have a significant impact on the company," said Arianto Reksoprodjo, market analyst at Trimegah Securities.
Telkom shares jumped 2.86 percent to 7,200 rupiah and were the most traded shares of the day.
Indonesia's largest cigarette maker, PT Gudang Garam Tbk, gained 0.78 percent to 13,000 rupiah in the very last minute of the trading. Some analysts said despite the company reporting poorer-than-expected results for 2003, the valuation of its shares remained attractive.
After the company reported its financial results this week, some analysts maintained their buy recommendation on the shares with a 12-month target price between 17,000 and 18,000 rupiah.
Looking ahead, analysts said the trading direction of the Jakarta bourse would be determined by Monday's parliamentary elections. The rupiah currency was being quoted at 8,590/8,595 to the dollar late on Thursday, slightly weaker than in the morning.

Copyright Reuters, 2004

Comments

Comments are closed.