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Today: JCI Opened a thin Ride 0.05% to as low as 5,268

Jakarta (Benchmark News) – Composite stock price index (IHSG) opened a thin ride 0.05% or 2.87 points to 5,268.24 on trading level Thursday(8/12/2016).

Earlier the index closed weakened 0.14% or 7.59 points to level 5,265.36.

All trading yesterday the index moving in a range of,7.59 points at 5.229-5.273.

From 538 shares traded, as many as 109 stocks strengthened, 184 stocks weakened, and 245 stagnant stock.

Six of the nine sectors listed on the Indonesia stock exchange weakened with the largest infrastructure sector experienced a weakening of 0,97%.

As for the three other sectors led the increase in the financial sector rose 0.45%.

Meanwhile, the exchange rate of the rupiah against the U.S. dollar strengthened 0.28% or Rp 13.333 points to 37.

Independent Securities research team assess the correction happened reasonably occur along the index position is already overbought.

“Today the JCI Movement and a few days ahead to prone to rectified,” he insists in research.

As is known, the index weakened after six consecutive days of riding 3.07% previously.

Senior researchers PT. KGI Securities Indonesia has reminded market participants of action of profit taking today.

Presented by him, the increase for more than 6 consecutive days are tinged by the purchase of shares of big cap index drivers and layer two choices by followers of the House of Bull sentiment driven by the macro and global as well as domestic politics.

“Rekomen to wait for a correction or consolidation of the minor before doing intensive accumulation,” said Yuganur.

How do JCI movement today? Follow up to its closure…(Red).

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