The index of the Indonesian Stock Exchange (BEI) fell 30.912 points or 0.62 percent to 4,962.96 points with index of 45 most liquid stock down 0.68 percent to 838.67 points.
Chief researcher of Recapital Securities Andrew Argado said the most of the global markets suffered a setback as a result of the European economic slowdown.
"The slowdown could hamper US economic revival as Europe is one of the US largest markets, and falling US market would bring down other markets with it," Andreas said.
Investors, therefore, chose to wait and see , he added.
Meanwhile, political has less effect on the market as investors began to forgo political sentiment, he said.
"Fundamentally the countrys economy is stable," he said.
Riset Sinarmas Sekuritas predicted the JCI would tend to gain on Monday .
The Chinese trade balance data would determine the fluctuation of JCI but it would tend to gain, it said.
Trade on Friday was marked with 169,606 transactions and 2.79 billion shares valued at Rp3.42 trillion changing hands.
Gainers were recorded at 80 shares as against decliners of 223 shares with 84 shares remaining flat.
Regional markets such as Hang Seng, Nikkei and Straits Times recorded a decline .(*)
Editor: Heru Purwanto
Copyright © ANTARA 2014
