Indonesian shares fell 1.91 percent to 4,905.62 by
midday on Friday, as foreign investors sold stocks following a
drop in other Asian markets.
The benchmark Japanese stock average plunged as much
as 1.9 percent to a two-month low, having shed 20 percent from a
5-1/2-year high reached two weeks ago. The broader Topix index
shed as much as 2.4 percent.
"The JCI (Jakarta Composite Index) is still under pressure
with current foreign net buy of 7.93 trillion rupiah ($809.80
million), compared to an all-time high of 18 trillion," said
Edwin Sebayang, head of research at Jakarta-based MNC Securities
in a note on Friday.
Consumer and basic industry stocks dropped more than 3
percent. State-controlled cement maker Semen Indonesia
and shampoo maker Unilever Indonesia dropped more than
5.5 percent each. Jakarta's blue chip index slid 2.43
1150 (0450 GMT)
($1 = 9,792.5 rupiah)
(Reporting by Andjarsari Paramaditha; Editing by Anand Basu)