Jakarta share prices closed 2.21 percent higher on Tuesday at another record high amid growing foreign investor confidence in the Indonesian economy, dealers said.
They said investors were encouraged by foreign-led buying in blue chips such as Telkom and Astra International. The Jakarta Stock Exchange composite index ended up 30.590 points at 1,417.375 after breaking the important 1,400-point barrier and registering its fourth straight record finish. Volume was 2.24 billion shares valued at 2.41 trillion rupiah (268.07 million dollars. The rupiah was steady at 8,980/8,990 to the dollar compared to Monday's level of 8,985/8,990.
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