JAKARTA (TheInsiderStories) - Jakarta Composite Index (JCI) is expected to move in mixed tend to strengthen in the range of 5,036-5,210 with stocks that may be considered such as BMRI, BISI, PTPP, SRIL, and MAPI, Bahana Securities said.
JCI closed in positive territory supported by the plantation sector amid expectations of rising consumption of biodiesel in 2017 and the property and construction shares following the distribution of the state budget at the end of the year. The Index closed at 5,136.67 levels or rose 0.43% against the previous closing.
Foreign investors recorded a net sell Rp147,7 billion in the regular market (net sell Rp13.7 T mtd; net buy 9.5 T ytd). A total of 192 stocks rose, 126 stocks declined, 84 stocks unchanged and 175 shares not experience trading.
In this morning, Rupiah opened up 0.31% or 42 points to Rp13.518 per US dollar. The rupiah closed at Rp13,503.00 per US dollar, climbed 0.11% against the previous close (+ 4.02% mtd; -1.53% ytd).