Bahana Market Update
In trading on Wednesday (20/1) Jakarta Stock index fell 64 points (-1.42%) to a level of 4,427.98 with the value of transactions in the regular market amounted to 3.9 trillion after IMF lowered its forecast for world growth to make the majority of global exchanges decrease.
All sectors declined, led the property sector, various industries and basic industries. A total of 79 stocks rose, 207 stocks declined, 81 stocks unchanged and 231 not experience trading stocks.
Shares of the ballast exchange such as PGAS, BBRI, INTP, SMGR, and ASII which recorded a net foreign sell on the regular market of Rp289,4 billion shares sold foreign al BMRI, BBRI,
BBNI, SMGR, and PGAS.
Technically, the index fell with volume and breakdown phase of sideways with close under MA100. Stochastic, RSI and MACD negative.
Today (21/1) JCI is expected to move mixed tend to weaken the range of 4,409-4,465 with stocks that may be considered al APLN, GGRM, GIAA, HMSP, JPFA, MICA, PTPP, WSKT, WTON.
Rupiah (20/1) closed lower to a level of 13,964 and today (21/1) is expected to move with the trend of the range 13,875-14,025 weakened.