Composite Stock Price Index ( CSPI ) predicted earlier this week still can not move (move on ) from its position . Composite Stock Price Index ( CSPI ) appears to have entered a period of consolidation after last week's drop was quite low . However , JCI is predicted to strengthen origin is not disturbed by the weakening rupiah and negative news that officials involved in corruption . JCI will be in the 4310-4325 range support and resistance 4365-4408 . Rampant complaints of employers reporting on BI rate hike , forecast demand will decrease property , to back the falling value of the rupiah appreciation inhibits JCI .
Composite Stock Price Index ( CSPI ) on the first day of the week is opened turning direction ( rebound ) to the green zone . JCI rose 41.82 points, or 0.96 percent, to 4377.27 as the strengthening of Asian markets . JCI at the end of last week closed down 31.92 points, or 0.73 percent, to 4335.45 as investors sold foreign pressure . Weakening late last week amid positive Asian markets .
When you view the index rate last week that is expected to continue the gains it made market participants stuck with the increase that had occurred in the index in the morning session . For the afternoon session , instead of improving the rate of JCI to continue weakening even more different from the rate of Asian stock markets are located in the territory hijaunya.Minggu no hope JCI entered a period of consolidation and strengthened refer moment the lack of domestic market that will make the shock of the macroeconomic and almost immediately following the release of LK Q3/2013. But t still need to be aware of potential weakness that might whack JCI if the rupiah weakened over Rp11.700 per USD. In addition, the negative sentiment of surprise and Hembalang Century case will potentially re- arrest of some important names by the Commission .
While Asian markets rose this morning the majority . Shanghai index rose 21.19 points, or 0.99 percent, to 2157.02 , the Hang Seng Index rose 427.74 points, or 1.86 percent, to 23459.89 ; Nikkei rose 53.60 points, or 0.35 percent, to 15219.29 and Straits Times rose 13.00 points, or 0.40 percent, to 3213.87 . Value of the transaction amounted to Rp31 , 52 billion, with 16.57 million shares traded and net foreign transactions reached Rp 8 , 8 billion . As many as 47 stocks rose , 10 stocks fell and 26 stocks unchanged . This morning all sectors rose , led by the biggest gain various industry sectors which rose 1.82 percent , followed by basic industry which surged 1.50 percent .
From abroad, the indexes on Wall Street will continue to increase . Even the S & P 500 index is expected to reach the level of 1820-1840 at the end of 2013 from the current level of 1,798 . This is because the light of the candidate 's comments bederangnya Governor Janet Yellen that the Fed will continue its policy of Quantitive easing ( QE ) , before the Fed will reduce a $ 70 billion stimulus package / month of USD85 billion / month at the Fed's meeting 18-19 March 2014. Wall Street expected this week will continue its gains , which will be filled with a variety of speech of the president of the State Central Bank in the United States .
Throughout the weekend trading , stock index hit 4406.64 ( highest level ) at the beginning of session 1 and touched the 4322.08 level ( the lowest level ) in the middle of Session 2 and finished at 4335.45 . Trading volume and total value of transactions fell . Foreign investors recorded net sell the impairment and sale and purchase transactions . Domestic investors recorded a net buy . JCI rate that had exceeded the target support ( 4310-4350 ) and even targets resistant ( 4380-4395 ) failed to survive and end up back at the target support provides an overview still facing negative sentiment . JCI has not been able to get out of the trend decline
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