Monday, December 12, 2016

The Insider Stories Morning Notes: JCI move in mixed tend, wait BI announcement

JAKARTA (TheInsiderStories) - Today, Jakarta Composite Index (JCI) is expected to move in mixed tend to strengthen the range of 5,123 to 5,210 with stocks that may be considered like BBRI, WSKT, PGN, GGRM, and ASII, Bahana Securities said. While Rupiah is expected to move the range Rp13,350 to 13,400 with a tendency to strengthen after closed lower to a level of 13 378 yesterday.

JCI (16/11) closed up 107 points (+ 2.11%) to a level of 5185.46 with the value of transactions in the regular market amounted to 7.2 trillion after cooling down of trump effect and sentiment carried over rising oil prices.

Sectors that experienced an increase are mining + 3.21%, basic industry + 3.06%, infra + 2.93%, trade + 2.73%, property + 2.73%, finance + 2.46%, misc-indusrty + 2.45%, agri + 1.27% and consumer + 0.27%.

A total of 251 shares rose, 78 stocks declined, 73 stocks unchanged and 176 shares not experience trading. Stocks pushed the JCI climbed are UNTR + 10.63%,PGN + 5.38%, ADRO + 4.78%, CPIN + 4.78% and BBNI + 4.50%

Net sell foreign registered in the regular market of Rp572,2 billion of stocks such as. BBCA, ASII, HMSP, KLBF, and BBRI. Technically, JCI rebound with volume for test resist MA5 once closed the gap on. Stochastic and RSI chance goldencross while negative MACD divergence