Wednesday, March 1, 2017

The Insider Stories Morning Notes - JCI expected to move sideways, eyes on inflation data

JAKARTA (TheInsiderStories) - Indonesian shares are expected to move sideways today, as market players are await for inflation data to be released today as well as US President’s speech Donald Trump.

Mandiri Sekuritas analyst Hadiyansyah said he expects the JCI (Jakarta Composite Index) to move sideways, moving within range of 5,363 and 5,418 points.

On Tuesday, the JCI closed up 0.07% or up 3.82 points at 5,386.69 points.

Stocks to watch are including: BMRI, RALS, TINS, ANTM, as well as other companies stocks that have released solid results in 2016. (*)