Asian shares slid from a 5 1/2-month high on Friday as disappointing earnings from U.S. blue chip companies looked set to pour cold water on the rally that took off in March, Reuters reported. The composite index of the Indonesia Stock Exchange (IDX) touched the 4,900 point level on Thursday (April 21), with late buying helping lift the index. Profit taking in some local stocks emerged yesterday after the index reached its highest at 4,907. Trading value was also heavy amounting to Rp6.25 trillion.

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