Jakarta share prices closed 0.33 percent higher on Friday, led by interest-rate sensitive stocks ahead of a widely-anticipated 50 basis point cut in key interest rates by the central bank next Tuesday, dealers said.
The Jakarta Stock Exchange composite index closed up 5.227 points at a new closing high 1,612.923, surpassing the previous all-time high of 1,607.696 hit Thursday.
Volume stood at 1.53 billion shares worth 1.92 trillion rupiah (210.6 million dollars). Gainers led losers 67 to 48, while 74 stocks were unchanged. The main index has gained 2.5 percent from two weeks ago. The market was closed the whole of last week for Eid al-Fitr festival.
Among the interest-rate sensitive counters, car dealer Astra International was up 100 rupiah at 13,950, Unilever Indonesia was up 25 at 4,950, Bank Danamon was up 150 at 6,400, Bank Panin was up 10 at 530, Bank Niaga was up 20 at 920, property developer Ciptura Development was up 20 at 630 and Ciputra Surya was up 50 at 970. Nickel miner INCO was up 1,000 at 27,050, rival Antam was up 150 at 7,000 amid higher nickel prices and gas distributor Perusahaan Gas Negara rose 350 to 11,650.
CPO producer Astra Agro was up 450 at 10,550 and rival Lonsum was up 175 at 4,900.
Index heavyweight Telkom was down 50 at 8,500, Gudang Garam lost 100 to 9,550, Bank Mandiri fell 50 to 2,800, while Indosat was unchanged at 5,200.
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