JAKARTA (TheInsiderStories) - Indonesian shares are expected to trade mixed today as market players are awaiting for fresh leads, including inflation data which is due to be released today. Some market players may start accumulating selective stocks, boosted by good progress of tax amnesty program.
On Friday, the Jakarta Composite Index (JCI) dropped 67.1 points or 1.24 percent to 5,364.8. LQ-45 declined by 17.4 points (1.86 percent) to 922.2 points.
Asjaya Indosurya Securities projected the the JCI to move within support level of 5,336 and resistance level of 5,488 points.
Although the JCI declined last week, overall the JCI increased in the month of September. “JCI is still in the uptrend path supported by the government’s program to address upheaval in the economy,” it said, adding that the JCI could go up today.
Today’s menu :
- HMSP
- BBNI
- ADHI
- UNVR
- BBCA
- JSMR
- PGAS
- ASRI
- TLKM
(*)