The index of 45 most liquid stock fell 1.46 percent to 913.03 points, Asjaya Indosurya Securities analyst William Suryawijaya said.
William described the market condition as stable despite the decline saying the JCO dropped 2 percent at the morning trade but the pressure lessened in the afternoon indicating that the rising trend of the JCI continues .
"There is still the potential for the index to climb to cross the ceiling of 5,348 point," he said.
He said foreign investors still came to the market buying shares, keeping the JCI from falling lower.
The trade on Monday was marked with foreign net buy of Rp776.632 billion.
There were 276,176 transactions on Monday with 4.80 billion shares valued at Rp6.88 trillion changing hands.
Decliners outnumbered gainers by 257 to 66 shares with 78 shares remaining unchanged.
Regional markets such as Hang Seng recorded gain , but Nikkei and Straits Times posted a decline in index.
(H-ASG/A014)
Editor: Suryanto
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