JCI opened down 17.07 points

JCI opened down 17.07 points

 Composite Stock Price Index ( CSPI ) in Indonesia Stock Exchange ( IDX ) on Monday opened down 17.07 points, or 0.41 percent to 4157.76 .

While the index of 45 leading shares ( LQ45 ) fell 4.38 points ( 0.63 percent ) to a level of 687.13 .

Head of Research at Trust Securities said Reza Priyambada sentiment of stimulus reduction plan The U.S. Federal Reserve meeting ahead of the Federal Open Market Committee ( FOMC ) this week is still a barrier strengthening of the domestic stock market .

" Market participants prefer to hold back the trend of selling shares mengampil position so that the pace of the stock market is still in the negative area , " he said .

He added that the optimism that is visible from the corporation 's plan to increase capital spending in 2014 is also less able to provide positive sentiment on the BEI index .

" The pace of JCI continued to show a reprieve as widespread selloff . Absence of signs of revival makes JCI trapped in the negative , " he said .

Reza estimates , BEI index will be at the level of 4150-4215 points in today's trading .

In regional markets , the Hang Seng index fell 108.81 points ( 0.47 percent) to 23137.15 ; Nikkei - 225 index fell 73.14 points ( 0.47 percent ) to a level of 15329.97 and Straits Times fell 5 , 29 points ( 0.17 percent ) to 3060.73 position .