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Sunday, March 9, 2014

Composite Index opened down 20.65 points Monday

Composite Index opened down 20.65 points Monday


Composite Stock Price Index This ( CSPI ) in Indonesia Stock Exchange ( IDX ) on Monday opened slightly lower by 20.65 points boosted stock markets in Asia .

BEI index opened down 20.65 points, or 0.44 percent, to 4665.24 . While the index of 45 leading shares ( LQ45 ) fell 5.35 points ( 0.68 percent) at 781.33 .

Securities analyst Samuel , Aiza on Monday said that the Asian markets , including BEI index moved lower this morning as a result of China's export data in February which is much worse than expected which recorded a deficit of 22.9 billion U.S. dollars, much lower than the previous month surplus .

" The weakening of the Asian markets are also exacerbated by the Japanese economic data which the four -quarter gross domestic product in 2013 was also unexpected , " he said .

He added that the lack of positive sentiment from the external market affects the movement of the index IDX . JCI is expected to move to a lower limit at 4,674 points .

Meanwhile , Panin Securities analyst Purwoko Sartono said that starting this week , projected BEI index tends to move with the consolidation .

" China's exports slowed , but the other U.S. employment data is quite good and is higher than expected , " he said .

From the technical side , he added , to form BEI index signal reversal to a negative area . BEI index is expected to move in the range of 4665-4720 points .

Regional exchanges , including the Hang Seng index fell 313.86 points ( 1.39 percent) to 22346.63 , the Nikkei index fell 153.96 points ( 1.00 percent ) to a level of 15120.87 and Straits Times gained 16.05 points ( 0.52 percent ) to 3120.48 position .

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