JAKARTA (TheInsiderStories) - Indonesian shares are expected to be mixed today as some market players may opt to cash out after recent days rally.
On Wednesday, the Jakarta Composite Index (JCI), closed down 21 points or down 0.40 percent to 5,351 point. Over night DJIA rose 0.23 percent, S&P500 rose 0.31 percent and Nasdaq added 0.43 percent. Euro stocks ended mixed with FSE fell 0.17 percent, DAX of Germany rose 0.26 percent and CAC of France fell 1.16 percent.
In Asia, Nikkei fell 1.88 percent and Hang Seng lost 1.78 percent
Technically, the JCI is projected move within support level of 5,317 and resistance level of 5,421, said Asjaya Indosurya analyst.
‘The JCI may now enter consolidation phase after strong gains early this week,” William Surya Wijaya, head of research of PT Asjaya Indosurya Securities said.
Market players are now await for GDP data release in mid-month.
Today’s menu :
- TLKM
- MYOR
- PGAS
- BBNI
- BBCA
- INDF
- SMCB
- EXCl
-UNVR
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