AGL 42.34 Increased By ▲ 3.80 (9.86%)
AIRLINK 128.52 Decreased By ▼ -0.98 (-0.76%)
BOP 6.20 Increased By ▲ 0.59 (10.52%)
CNERGY 4.05 Increased By ▲ 0.19 (4.92%)
DCL 8.51 Decreased By ▼ -0.22 (-2.52%)
DFML 40.70 Decreased By ▼ -1.06 (-2.54%)
DGKC 87.62 Decreased By ▼ -0.68 (-0.77%)
FCCL 34.25 Decreased By ▼ -0.75 (-2.14%)
FFBL 66.35 Decreased By ▼ -1.00 (-1.48%)
FFL 10.51 Decreased By ▼ -0.10 (-0.94%)
HUBC 108.61 Decreased By ▼ -0.15 (-0.14%)
HUMNL 14.60 Decreased By ▼ -0.06 (-0.41%)
KEL 4.70 Decreased By ▼ -0.05 (-1.05%)
KOSM 7.26 Increased By ▲ 0.31 (4.46%)
MLCF 42.70 Increased By ▲ 1.05 (2.52%)
NBP 61.50 Increased By ▲ 1.90 (3.19%)
OGDC 180.20 Decreased By ▼ -2.80 (-1.53%)
PAEL 25.80 Decreased By ▼ -0.45 (-1.71%)
PIBTL 6.06 Increased By ▲ 0.09 (1.51%)
PPL 146.01 Decreased By ▼ -0.69 (-0.47%)
PRL 24.10 Increased By ▲ 0.49 (2.08%)
PTC 16.50 Decreased By ▼ -0.06 (-0.36%)
SEARL 70.40 Increased By ▲ 2.10 (3.07%)
TELE 7.29 Increased By ▲ 0.06 (0.83%)
TOMCL 36.13 Increased By ▲ 0.18 (0.5%)
TPLP 7.86 Increased By ▲ 0.01 (0.13%)
TREET 15.50 Increased By ▲ 1.30 (9.15%)
TRG 50.61 Increased By ▲ 0.16 (0.32%)
UNITY 26.90 Increased By ▲ 0.15 (0.56%)
WTL 1.24 Increased By ▲ 0.03 (2.48%)
BR100 9,819 Increased By 13.9 (0.14%)
BR30 29,700 Increased By 21.5 (0.07%)
KSE100 92,331 Increased By 26.4 (0.03%)
KSE30 28,785 Decreased By -55.6 (-0.19%)

Indonesian shares ended 4.4 percent lower on Friday, weighed down by falls in other Asian markets amid fears about the credit crunch, dealers said. The Indonesia Stock Exchange's main index fell to 1,399.42 in thin volume, off an intraday low of 1,391.27.
"The high interest rate environment and suspension of shares of Bakrie-related stocks have dried liquidity in the market, forcing some big investors to cash in their equity assets," Andalan Artha Advisindo fund manager Rifki Isnaini Hassan told Dow Jones Newswires.
Trading was resumed in three of six companies under the Bakrie & Brothers group on Friday for the first time since they were suspended on October 7 amid a broad market selloff. The other three Bakrie stocks that remain suspended are coal miner Bumi Resources, diversified holding company Bakrie & Brothers and energy company Energi Mega Persada.
Tight liquidity and fears that banks would report lower earnings also triggered selling in bank and financial-related stocks. The shares for Bank Mandiri, the nation's largest bank by assets, fell 9.6 percent to 1,875 rupiah while Bank Rakyat Indonesia shed 9.6 percent to 3,850 rupiah.

Copyright Agence France-Presse, 2008

Comments

Comments are closed.