It is hoped that inflation and trade balance are as expected..."Jakarta (ANTARA News) - The Jakarta composite index (JCI) closed lower on Friday on minimum positive domestic sentiment, analysts said.
The index of the Indonesian Stock Exchange (BEI) fell 27.28 points or 0.56 percent to 4,845.13 with index of 45 most liquid stocks down 0.80 percent to 816.27 points.
"The BEI index is still in the process of consolidation with minimum domestic sentiment that the index follow the regional trend which is on the decline," Asjaya Indosurya Securities analyst William Surya Wijaya said.
William said he hoped that JCI could come out of the consolidation area before a number of the countrys economic data are released on July 1 .
"It is hoped that inflation and trade balance are as expected and would serve to revive the market in the coming days," he said.
Trade on Friday at BEI was marked with 3.12 billion shares worth Rp3.47 trillion changing hands.
Decliners outnumbered gainers by 175 to 104 with 98 shares remaining flat.
Regional markets such as Hang Seng recorded increase in index but Nikkei and Straits Times weakened.
(T.SYS/C/H-ASG/A014) 27-06-2014 18:25:40
Editor: Priyambodo RH
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