Composite Index opened down 4.20 points on Monday

Composite Index opened down 4.20 points on Monday

 Composite Stock Price Index ( CSPI ) in Indonesia Stock Exchange ( IDX ) on Monday opened slightly lower by 4.20 points in line with the stock market participants are waiting for Chinese economic data .

BEI index opened down 4.20 points, or 0.10 percent, to 4408.03 . While the index of 45 leading shares ( LQ45 ) fell 1.08 points ( 0.15 percent ) to a level of 744.26 .

Securities analyst Samuel , Yualdo Yudoprawiro here on Monday , said the Asian markets , including stock index this morning is likely to weaken in line with the stock market participants are waiting for gross domestic product ( GDP ) four quarters of 2013.

" The lack of domestic sentiment will make the BEI index moves in the direction of movement of regional markets , " he said .

He added that conditions in the U.S. market is also likely to weaken over the weekend ( 17/1 ) after the market responded to the release of some of the performance of listed companies in the U.S. four -quarter period in 2013 worse than expected .

Head of Research Valbury Asia Securities , Alfiansyah said , in a technical perspective JCI has been in overbought area ( overbought ) and indicate a reversal to a negative area ( down reversal ) .

He added that the opportunities open enough correction following a natural disaster that occurred in some parts of Indonesia who become domestic sentiment .

High rainfall and floods may disrupt harvests , production and distribution , which also affected the mining and plantation sectors perusahaam .

Meanwhile , regional exchanges , including the Hang Seng index fell 73.40 points ( 0.32 percent) to 23059.95 , the Nikkei index fell 121.39 points ( 0.77 percent ) to a level of 15606.24 and Straits Times fell 16 , 02 points ( 0.51 percent ) to 3134.25 position .