The Insider Stories Morning Notes – JCI expected to trade mixed as players await for new leads

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JAKARTA (TheInsiderStories) – The Indonesian shares are expected to trad mixed today, as some market players may refrain from making new moves, awaiting for fresh leads.

Market players are now waiting for release of some economic data, including inflation rate this week. Eyes are  also on global market, which may put pressure on domestic market, analysts say.

On Monday, the Jakarta Composite Index (JCI) fell 68 points or down 1.25 percent to 5,370, after moving within range of 5,348 and 5,426. As many as 87 stocks rose, 241 fell and 72 stocks were unchanged. Trading value reached Rp5.95 trillion.

In Asia, most indices were down, with Kospi fell 0.25 percent, Hang Seng fell 0.38 percent and Nikkei rose 2.3 percent.

At market closing, the rupiah was traded at Rp13,267 to the US dollar. (*)

 

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Source: The Insiderstories
The Insider Stories Morning Notes – JCI expected to trade mixed as players await for new leads

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