Thursday, September 15, 2016

The Insider Stories Morning Notes - JCI likely to consolidate, awaits economic data

JAKARTA (TheInsiderStories) - Indonesian shares are expected to be consolidated today and will test the support level at 5089 on the cautious of capital outflow. Investors are also likely to await for fresh leads including economic data — exports and imports in August.

William Surya Wijaya, analyst from PT Asjaya Indosurya Securities estimated the Jakarta Composite Index (JCI) will move in the range 5089 support level and to 5276 resistance level.

On Wednesday, the JCI fell 69.529 points or down 1.33 percent to 5,146.038, while LQ45 dropped 14.105 points or down 1.58 percent to 881.379. All sectoral indices fell, led by miscellaneous industry index which plunged by 2.48 percent, followed by consumer stocks which fell 1.92 percent and manufacturing index plunged by 1.85 percent.

Today’s menu :

- WTON

- ASRI

- BBNI

- JSMR

- TBIG

- TLKM

- BBCA

- UNVR

- GGRM

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