JAKARTA (TheInsiderStories) - Indonesian shares are expected to go up today, extending yesterday’s gains, supported by gains in global markets. Fitch Ratings decision to affirm Indonesia’s rating to BBB-1 or investment grade with outlook stable weigh on market sentiment.
On Thursday, the Jakarta Composite Index (JCI), closed up 62.19 points or up 1.32 percent to 4,772.98.
William Surya Wijaya, head of research of PT Asjaya Indosurya Securities said he expects the JCI to move with support level of 4,711 and resistance level of 4,798 points.
At market closing yesterday, the rupiah was traded at 13,650 the US dollar.
“The JCI is still trying to go up with strong support at 4,711 points. There is strong potential for the market to test the resistance level of 4,798 points, supported by capital inflow,” William said, added that gains in global and regional market will add positive note on the market.
Today’s menu :
- KLBF
- EXCL
- TLKM
- INDF
- UNVR
- PPRO
- BBNI
- BMRI
- JSMR
- TBIG
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