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Selasa, 24 Februari 2009
Dow Jones Newswire Indonesia Shares Likely Lower
0207 GMT [Dow Jones] Indonesia shares likely lower, hurt by weak IDR, Wall Street's fall. Main index likely in 1300-1320 band vs Monday's close of 1312.439, +1.2%. "I expect selling here won't be that massive," says trader; expects buying by local investors in shares of companies that likely to distribute healthy dividend payment to offset index's losses. Bank Mandiri (BMRI.JK), Bank Danamon (BDMN.JK) may fall on profit-taking, but coal miner Bukit Asam (PTBA.JK) may rise on hopes its would put aside 50% of 2008 net profit for dividend payment, as it usually does.
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