JAKARTA (Thomson Financial) - Indonesian shares closed a volatile morning session little changed on Friday, with gains in coal miners such as Bumi Resources and Bukit Asam offsetting falls elsewhere after broader market sentiment was undermined by Wall Street's decline overnight.
The composite index was down 0.6 point at 2,198.41, off a high of 2,210.12 and a low of 2,194.82.
The LQ-45 index was down 0.25 points at 454.76.
Decliners led gainers 78 to 58, with 61 stocks unchanged.
Volume was 1.3 billion shares valued at 2.21 trillion rupiah.
The Indonesian rupiah was trading at 9,158/9,163 to the U.S. dollar, against 9,110/9,115 late on Thursday.
'The slight rebound of crude oil appeared to trigger a rebound in coal miners as coal is considered as a substitution to oil,' Panin Capital analyst Luky Aryapama said.
'Overall, market players were in a cautious mood, given steep falls on Wall Street overnight,' he added.
Among key gainers, Bumi Resources jumped 5.6 percent to 5,650 rupiah, its peer Bukit Asam rose 5.5 percent to 13,350 rupiah and Indo Tambangraya advanced 5.5 percent to 27,000 rupiah.
Gas distributor Perusahaan Gas Negara gained 2.1 percent to 2,475 rupiah, Indika Energy added 0.9 percent to 2,900 rupiah and Medco Energi added 2 percent to 5,100 rupiah.
Index heavyweight Telkom fell 1.3 percent to 7,750 rupiah.
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