ndonesian shares are down 1.4% at 3481.554 in moderate volume, tracking weakness across global markets amid growing concerns over Japan's nuclear crisis, traders say. They expect the main index to find support at 3470.
“Selling in most bank and telecommunication blue chips has driven the main index lower amid generally very weak sentiment,“ says a trader with a local securities firm.
Heavyweight Telkom is down 2.8% at IDR6,850 on worries stiffer competition could hurt company's earnings, Bank Mandiri is down 2.5% at IDR5,950 and Bank Rakyat is down 2.0% at IDR5,000.
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