Indonesian share prices should rise spurred by unexpectedly low inflation and an interest rate cut, despite profit taking at the end of this week, dealers said. The Jakarta Stock Exchange composite index ended Friday 90.62 percent or 3.37 percent higher than the previous week.
The final figure was down on an all-time intra-day high of 2,818.54, with profit takers moving in and putting pressure on mining and telecom stocks. Average daily turnover for the week was 4.53 billion shares valued at 6.4 trillion rupiah (692.64 million dollars).