JAKARTA (TheInsiderStories) - Indonesian shares are expected to go up today, extending gains in the past few two days, boosted by gains in global market, the enactment of Tax Amnesty low and market confidence that the impact of Brexit vote is limited on Indonesian market.
On Thursday (June 30), the Jakarta Composite Index (JCI) closed up 36.542 points or up 0.73 percent at 5,016.647, while LQ45 rose 5.036 points or up 0.59 percent to 860.717. All sectors recorded gains, with miscellaneous sector show highest gains of 2.47 percent followed by 1,00 percent.
As many as 197 shares recorded gains, 112 stocks declined and 85 stocks were unchanged, with trading value reaching Rp 8.511.
Overnight, the Dow Jones industrial average gained 235.31 points, or 1.3 percent, to 17,929.99. The Standard & Poor’s 500 index rose 28.09 points, or 1.4 percent, to 2,098.86. The Nasdaq composite added 63.43 points, or 1.3 percent, to 4,842.67.
William Surya Wijaya, head of research Research Department of Asjaya Indosurya Securities, said techicaly the JCI could move within range of support level of 4,904 resistance level of 45,078 points.
He said the JCI has managed to break the resistance level of 5,000 and could continue.
Today’s menu :
- JSMR
- LSIP
- PGAS
- INDF
- TBIG
- TLKM
- EXCL
- WTON
- BBCA