Indonesian share prices slumped 6.03 percent on Monday on another massive profit-taking binge by foreign investors amid a weakening rupiah and tumbling regional markets, dealers said.
They said declines in world commodity prices drove down prominent mining stocks such as Bukit Asam, Bumi Resources and Antam. The Jakarta Stock Exchange composite index closed down 83.945 points at 1,309.045 on volume of 3.24 billion shares valued at 2.85 trillion rupiah (311.47 million dollars). Decliners outnumbered advancers 159 to 4, with 31 stocks unchanged.
The rupiah weakened to 9,310/9,330 to the dollar from Friday's level of 9,190/9,200.
Bank Mandiri shed 180 rupiah and closed at 1,690, Bank Rakyat Indonesia lost 200 to 3,900, and Bank Central Asia was down 150 at 4,025. Index heavyweight Telkom slid 350 to 7,200 and Indosat dropped 400 to 4,700.
Among miners Bukit Asam slumped 525 to 3,025, Bumi Resources lost 60 to 850 while Antam plunged 825 to 3,975.
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