ASATUNEWS - Composite Stock Price Index ( CSPI ) in Indonesia Stock Exchange ( IDX ) on Friday moved lower again be 4195.4 points after the market projections that financial stimulus reduction ( tappering off ) the Fed will be accelerated .
BEI index opened down 20.05 points, or 0.50 percent, to 4195.84 . While the index of 45 leading shares ( LQ45 ) fell 6.34 points ( 0.91 percent ) to a level of 692.61 .
" Global Stock resume correction , including the BEI index in line with market speculation related tappering off the Fed is likely to occur more quickly following the U.S. economic data is improving, " said analyst Samuel Securities , Yualdo Yudoprawiro on Friday .
He argues that the gross domestic product ( GDP) in the third quarter of 2013 grew 3.6 percent over the previous quarter , exceeding market expectations and U.S. unemployment claims fell better .
However, he said that JCI potentially strengthened after falling for three consecutive days and is expected to bring the rupiah appreciation for the positive impact of domestic stocks .
" It is estimated that the BEI index moved in the range of 4160-4270 points , " he said .
Head of Research Valbury Asia Securities , Alfiansyah adding that the business survey report " Beige Book " in the U.S. , U.S. manufacturing activity continues to expand , consumer spending also increased , conditions that provide instructions in the middle of the debate when it will be the start of a reduction of U.S. stimulus .
According to him , the improving U.S. economic situation it is feared stimulus reduction could come early .
Regional exchanges , including the Hang Seng index fell 80.17 points ( 0.34 percent) to 23632.40 , the Nikkei - 225 index rose 30.99 points ( 0.21 percent ) to a level of 15208.13 and Straits Times fell 12 , 15 points ( 0.39 percent ) to 3112.23 position
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