Jakarta shares dip

Indonesian shares slipped 1.0 percent on Monday, dragged down by other Asian markets, dealers said. The Jakarta Composite Index fell 21.08 points to 2,227.67 on volume of 2.53 billion shares worth 4.05 trillion rupiah (449 million dollars).
"Selling in commodity-related stocks has driven the main index lower despite bargain buying in select telecommunication and bank blue chips," a trader told Dow Jones Newswires. Coal miner Bumi Resources fell 4.9 percent to 5,850 rupiah while rival Bukit Asam dropped 4.0 percent to 13,050 on fears coal prices will continue falling. But heavyweight Telkom rose 3.9 percent to 7,950 and Bank Mandiri rose 3.4 percent to 3,075.