JAKARTA (TheInsiderStories) - Indonesian shares are expected to go up today (Sep 7), extending yesterday’s gains, partly driven by ongoing capital inflow and buying interested in selected stocks.
On Tuesday, the Jakarta Composite Index (JCI) closed up 15 points or up 0.28 percent to 5,372.10 with trading value reaching Rp4.5 trillion. As many as 124 stocks increased, while 196 stocks declined, while 95 stocks were unchanged.
Leading the gains were consumer and mining stocks such as Indofood (INDF), Unilever (UNVR, Kalbe Farma (KLBF) as well as some mining-related stocks such as United Tractors (UNTR). The other big caps that recorded gains were Telkom (TLKM), Astra International (ASII) and Bank Central Asia (BBCA).
Banana Securities projected te JCI to move within range of 5,325 and 5,400, while Asjaya Indosurya estimated the JCI to move within 5,336 and 5,458 points.
Indosurya sees room for the JCI to go up today, while Bahana expects the JCi to be mixed with potentiality to go up later in the day.
The Rupiah was trading at Rp13,127 to the US dollar at the market closing yesterday.
Today’s menu :
- PGAS
- JSMR
- TBIG
- UNVR
- INDF
- PWON
- EXCL
- BBNI
- BBCA
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