The Jakarta Composite index fell 0.74 point, or less than 0.1 percent to 3,840.7.
The Energy Ministry has no plan to impose a duty on coal exports or “ban” exports of the fuel, Energy Minister Jero Wacik said, reiterating his ministry’s statement on April 17.
PT Supra Boga Lestari (RANC IJ), a food retailer, jumped 34 percent to 670 rupiah on its trading debut. The company raised 156.45 billion rupiah ($16.6 million) in an initial public offering to fund store expansion, repay debt and to raise working capital.
To contact the reporter on this story: Berni Moestafa in Jakarta at email@example.com
To contact the editor responsible for this story: Darren Boey at firstname.lastname@example.org