Jakarta stocks edged up to a fresh record close on Monday in slow trade amid a lack of fresh leads, although some second liners rose on strong quarterly results.
The composite index gained 0.36 percent to close at 863.59 points on turnover of 778.5 billion rupiah ($85.8 million). Losers led gainers 54 to 49 while 82 issues were unchanged.
Many blue chips ended higher after they reported strong unaudited financial results in recent days for the January-September period.
Among the biggest blue chip gainers was Indonesia's second largest bank, PT Bank Central Asia Tbk, which rose 3.13 percent to 2,475 rupiah.
Among the biggest second line gainers was heavy equipment company PT Komatsu Indonesia Tbk, which soared 13.83 percent to end at 2,675 rupiah.
"Its nine-month results were robust. Investors expect the industry will perform strongly in 2005...The share price was also attractive," said Yudhistia Susanto, a fund manager at Batavia Prosperindo Aset Manajemen.
PT United Tractors Tbk, also a heavy equipment firm, fell 1.35 percent to end at 1,825 rupiah after jumping 10.5 percent in the last two days, helped by solid quarterly results.
Palm oil producer PT Bakrie Sumatera Plantations Tbk rose 13.85 percent to end at 1,850 rupiah on a planned take-over by PT Bakrie & Brothers Tbk.
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