Indonesia shares moderate

Indonesia shares last +0.5% at 2008.533 in moderate
volume, helped by expected rate cut by central bank later today, firmer IDR.
Resistance pegged at 2020. “Overall, buying looks moderate amid profit taking
by local funds,” says trader with Trimegah Securities. Foreigners net buyers of
IDR24 billion worth of shares so far. Bellwether Telkom (TLKM.JK) +1.3% at
IDR7,700 on bargain buying, Bank Rakyat (BBRI.JK) +0.8% at IDR6,750, but coal miner Adaro (ADRO.JK) down 1.5% at IDR1,350 on profit taking.