JAKARTA (TheInsiderStories) - Indonesian shares are expected to sideways today as players await for new incentives to trade, including the May inflation data, analysts say.
On Monday, the Jakarta Composite Index (JCI) closed iup 21 points or up 0.44 percent at 4,836 points.
William Surya Wijaya, head of research at PT Asjaya Indosurya Securities said, technically the JCI is projected to trade between range of support level of 4,738 points and resistance level of 4,877 points.
“The JCI is in consolidation mode,” he said, adding that the market is expected to move up and down in narrow range.
Today’ Menu :
- JSMR
- SMCB
- WTON
- BBNI
- WIKA
- TOTL
- INDF
- ICBP
- UNVR
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