Indonesian shares to keep downward trend

Indonesian share prices are expected to continue to follow downcast regional sentiment in the week ahead but due to the economy's solid fundamentals, the fallout will be limited, dealers said on Friday.
"The subprime problem in the US will influence our market in the coming week but Indonesia's strong economic fundamentals will support our index," Sinarmas Securities analyst Samuel Sudeswanto Yeung told AFP.
He said the announcement of annual government budget figures expected next week will likely give an injection of positive sentiment into the Indonesian market. Yeung said that the market might face resistance at 2,280 points, with the support level seen at 2,100.