JAKARTA (TheInsiderStories) - Indonesian shares are expected to trade mixed today amid lack of incentives, with market players are now waiting for new leads including inflation data due out this week.
On Tuesday, the Jakarta Composite Index (JCI) fell 8 points or down 0.16 percent to 5,362.32 points with trading value reaching Rp5.8 trillion. The declines were led by cement and cigarette stocks. Six sectoral indices declined led by basic industry, while mining, trade and agriculture sectoral indices increase.
As many as 96 shares rose, 235 stocks declined and 91 stocks were unchanged. Among active stocks were PGAS, SMGR, CPIN, GGRM and HMSP.
Today, the JCI is projected to move mixed, within range of 5,325-5,400 points. Among stocks to watch are: CPIN,
GJTL, LPKR, MIKA, PSAB, PTBA, ROTI, TLKM and WSKT.
The rupiah is expected to hover within 13,075-13,300 to the US dollar today. (*)
The rupiah is expected to hover within 13,075-13,300 to the US dollar today. (*)