JAKARTA (TheInsiderStories) - Jakarta Composite Index (JCI) is expected to move in mixed tend to strengthen the range of 5,050-5,150 with stocks that may be considered like BBCA, BBTN, BMRI, PTBA, and INDF, Bahana Securities said. While Rupiah is expected to move in the range Rp1,.350-13,400 with tendency to strengthen after closed lower to a level of 13 375 and Monday (14/11).
Yesterday, JCI closed down 116 points (-2.22%) to a level of 5,115.74 with the value of transactions in the regular market amounted to Rp9.2 trillion of foreign capital outflow exposed for a second day since Friday.
Sectors that experienced an increase is agri + 0.73% and sectors that declined are consumer -0.69%, misc-industry -0.94%, trade -1.57%, basic industry -2.03%, mining -2.90%, property -3.07%, finance -3.44% and infra -3.68%
As many as 72 stocks rose, 281 stocks declined, 39 stocks unchanged and 186 shares not experience trading. Stocks that become ballast exchange such as BBRI -7.10%, BMRI -4.84%, SMGR -4.80%, UNTR -4.60% and TLKM -4.29%
Net foreign registered to SELL in the regular market amounted to Rp2.6 Trillion with stocks that sold foreign like TLKM, BBRI, ASII BMRI, and GGRM.
Technically, the index fell by runaway gap but lower volume and a longer lower shadow. Stochastic, RSI and MACD negative, Bahana said.