Indonesian share prices closed 0.1 percent lower on Monday in quiet trade on profit-taking led by blue chips Indosat and Gudang Garam after gains made last week, dealers said. They said the lack of fresh news and caution ahead of Wednesday's interest rate decision by the Federal Reserve in the United States also discouraged gains. The Jakarta Stock Exchange composite index was down 1.048 points on volume of 2.15 billion shares valued at 1.42 trillion rupiah (155 million dollars). Losers led gainers 66 to 51, with 83 stocks unchanged.

The rupiah traded at 9,165-9,170 to the dollar, compared to last Friday's close of 9,145-9,150.

"There wasn't much news today. At the most, people were waiting for the Fed announcement," said Panca Global Securities analyst Betrand Raynaldi, referring to an expected interest rate hike announcement from the US Federal Reserve on Wednesday.

Raynaldi said investor interest had not yet returned to market mover Telkom, and the stock had been trading flat to lower since the middle of this month.

He said sister company Indosat and cigarette firm Gudang Garam were also down, mostly on profit-taking.

Telkom was steady at 4,800 rupiah from an intra-day high of 4,825 and Indosat lost 100 rupiah to 5,700.

Gudang Garam was down 350 rupiah at 16,850, while rival Sampoerna rose 50 rupiah to 7,450. Car distributor Astra International was up 50 rupiah at 10,050.

Bank Central Asia fell 50 rupiah at 2,875 while state-owned Bank Mandiri was flat at 1,940. Bank Rakyat Indonesia was down 25 rupiah at 2,750.

Copyright Agence France-Presse, 2005