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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU

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To: The Fix who wrote (2152)	1/8/1998 3:10:00 AM
From: Surething	Read Replies (1) of 4718

Thursday January 8, 2:20 am Eastern Time Jakarta stocks down over 17.5 pct in afternoon trading. JAKARTA, Jan 8 (Reuters) - The Jakarta stock index fell 17.5 percent in afternoon trade on Thursday on unsubstantiated rumours that President Suharto would not seek re-election in March, brokers said. Government officials were not immediately available for comment on the rumours. At 0710 GMT, the composite index was down 18.50 percent at 321.29 points. Brokers said rumours that Suharto was unwilling to stand for re-election were sweeping the market, but added there seemed little basis for the talk. Earlier, the stock index had plunged over worries that the government did not have the capabilities to handle the economic crisis. Related News Categories: US Market News, international

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