JAKARTA (TheInsiderStories) - Good Morning, the Jakarta Composite Index (JCI) is expected weakened today in the range of 5,278-5,340 with stocks that may be considered like ASRI, BJBR, BMRI, CPIN, GJTL, ITMG and PPRO, said Bahana Securities. Yesterday, JCI closed at 5,302.66 or weakened 0.19% against the previous closing (+ 0.11% mtd; + 0.11% ytd).
Foreign investors recorded a net buy Rp284.3 billion in the regular market (net sell Rp1.2 T mtd; net sell Rp1.2 T ytd). A total of 156 stocks rose, 170 stocks declined, 104 stocks unchanged and 145 shares not experience trading.
On the money market, Rupiah closed at Rp13,301 per USD gained 0.44% against the previous close (-1.28% mtd; -1.28% ytd). Today, Joshua Pardede, PT Bank Permata’s economist saw Rupiah is estimated to be strengthened is largely due to external influences, especially from the U.S.
He said, the weak of U.S’s GDP data on Friday (27/1) was still give an impact on the valuation of the US dollar. Today (30/1), greenback visible weakened against most Asian currencies.