Indonesian share prices closed 0.13 percent lower on Thursday in quiet trade on the final trading day of the year, with losses in Bank Mandiri and Astra International weighing on the index, dealers said.
The Jakarta Stock Exchange composite index fell 1.508 points to 1,162.635 on volume of 889.35 million shares worth 735.77 billion rupiah (74.6 million dollars). The market will be closed Friday for the New Year holiday.
Gains led declines 70 to 65, with 71 stocks unchanged.
The rupiah was at 9,835/9,840 to the dollar, little changed from Wednesday's 9,825/9,835. Bank Mandiri and Astra International fell on a technical correction following recent gains, dealers said.
"There was no particular sentiment driving the market today, it was trading sideways," said Batavia Prosperindo Sekuritas fund manager Irvin Padmadiwiria.
He said hopes that window-dressing activity would support the market were disappointed, with most such trades done earlier in the month.
However, he added that some minor stocks may have risen on last minute window-dressing before the market closed.
He said for next week, the so-called January effect may lift the index.
Car dealer Astra International fell on a technical correction after sustained gains since mid-November, dropping 200 rupiah to 10,200.
Heavy equipment unit United Tractors however added 50 rupiah to close at 3,675 while crude palm oil unit Astra Agro fell 100 rupiah to 4,900.
Telkom ended flat at 5,900 rupiah while Indosat dropped 50 rupiah to 5,550.
State-run Bank Mandiri fell 10 rupiah to 1,640 and Bank Rakyat Indonesia was flat at 3,025 while Bank Central Asia gained 25 rupiah to end at 3,400.
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