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Sunday, April 6, 2014

Stock index opened up 13.77 points , Rupiah strengthened U.S. dollar so Rp11.277 press

Stock index opened up 13.77 points , Rupiah strengthened U.S. dollar so Rp11.277 press

 Composite Stock Price Index ( CSPI ) in Indonesia Stock Exchange ( IDX ) on Monday , opened up 13.77 points, or 0.28 percent, to 4871.72 .

Meanwhile , the index of 45 leading stocks ( LQ45 ) rose 5.86 points ( 0.71 percent ) to a level of 825.94 .

" JCI movement is still in its currently limited stage , it should also be remembered that in any way up there will always be a reasonable correction period , " said Asjaya Indosurya Securities analyst William Surya Wijaya on Monday .

Technically , according to him , the increase in the BEI index tend to be confined to the natural consolidation phase to continue the trend pattern of gains .

" In general , the power of BEI index for the ride is still quite large , may move in the range of 4817-4903 points , " he said .

Meanwhile , Panin Securities analyst Purwoko Sartono said some construction stocks , banking , and property is still attractive enough to trade short term .

On the other hand , he added , the momentum of Elections on Wednesday, April 9 , also remains a positive catalyst for the index IDX .

" BEI index is expected to move in the range of 4850-4895 at the beginning of this week , " he said .

Regional exchanges , including the Hang Seng index fell 140.13 points ( 0.62 percent) to 22369.95 , the Nikkei index fell 206.31 points ( 1.37 percent ) to a level of 14857.46 and Straits Times fell 5.36 points or 0.17 percent to 3206.97 .

 The rupiah is the inter-bank transactions in Jakarta on Monday morning to move higher worth 39 points to Rp11.277 than ever in a position Rp11.316 per U.S. dollar ( U.S. ) .

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