The Insider Stories Morning Notes – JCI likely to be mixed, eyes on BI meeting and trade data

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JAKARTA (TheInsiderStories) – Indonesian shares are expected to be mixed today as investors are cautious ahead of Bank Indonesia (BI) board meeting later this week and export and import data release.

On Tuesday (June 14), the Jakarta Composite Index (JCI) closed up 14 points or up 0.30 percent at 4,821.59 points with trading value reaching Rp3.5 trillion. The rebound was led by automotive and consumer stocks.

The market was mixed, with 189 stocks declined and 114 went up, while 92 stocks were unchanged. The Rupiah, at the market close, was traded at Rp13,325-13,450 to US dollar.

Technically, the JCI is expected to trade within range of 4,780-4,850 today, Bahana Securities said in its notes to investors. Among stocks to watch are including ASII, CTRA, SMRA, TBIG, UNVR. (*)

The post The Insider Stories Morning Notes – JCI likely to be mixed, eyes on BI meeting and trade data appeared first on The Insider Stories.

Source: The Insiderstories
The Insider Stories Morning Notes – JCI likely to be mixed, eyes on BI meeting and trade data

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