Indonesian share prices closed 0.14 percent higher Friday as gains in cigarette firm Gudang Garam and a rebound in Indosat pushed the benchmark index to another record finish, despite profit-taking in other stocks, dealers said. They said foreign selling continued to pressure market mover Telkom, although the stock did manage to close flat after declining for most of the week, while sister company Indosat rebounded after Thursday's falls.
The Jakarta Stock Exchange composite index was up 1.495 points at a record close of 1,046.483, on volume of 2.43 billion shares valued at 1.42 trillion rupiah (157.7 million dollars).
Telkom was flat at 4,800 rupiah, while Indosat was up 100 rupiah at 5,800.
Gudang Garam extended this week's gains, rising 1,000 rupiah to 17,200, while rival Sampoerna was down 150 rupiah at 7,400.