Thursday, December 22, 2016

The Insider Stories Morning Notes: JCI gains limited

JAKARTA (TheInsiderStories) - The Jakarta Composite Index (JCI) will move in the range 5,202 to 5,389 today supported by subdued domestic economy, said William Surya Wijaya from PT Asjaya Indosurya Securities.Today, He serves menu on PWON, HMSP, INDF, UNVR, GGRM, KLBF, MYOR, BBTN and ASRI stocks.

While,Lanjar Nafi from PT Reliance Securities predict JCI tend to strengthen limited. He said, stocks that can be observed among RALS, SSIA, CTRA, and MPPA.

Composite Stock Price Index (JCI) closed higher amid rising Asian stock markets today. The index rose to +38 points (+ 0.73%) to 5,303 after moving between 5263-5303. A total of 172 stocks rose, 132 stocks down, 100 stocks did not move, and 165 shares not traded.

Yesterday, investors transaction recorded Rp8,31 trillion, consisting of regular transactions Rp5,61 trillion, negotiations Rp2.65 trillion, and cash Rp43,82 billion. On the regular market, foreign investors recorded a net sales Rp418,86 billion.

As many as eight out of a total of 10 sectors rose, led by the infrastructure sector which rose + 1.62% and the property is up + 1.59%. From Asia, the majority of stock indices rose. Nikkei225 index in Japan rose + 1.45%, South Korea’s Kospi rose + 1.97%, and the Hang Seng in Hong Kong has appreciated + 0.27%.

The majority of European stock markets also rallied since it opened this afternoon. DAX in Germany rose + 0.26%, and the CAC in France rose + 0.02%, while the FTSE100 in the UK fell -0.02%.

In the foreign exchange market, the exchange rate strengthened +46 points (+ 0.34%) to Rp13,287 per US dollar, after moving in the range Rp13,263-Rp13,339.