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Global Stock Markets Conducive JCI Predicted Strengthened

Jakarta (Benchmark News) – Composite stock price index (IHSG) is expected to be strengthened in the trade today, Thursday, August 12, 2016. Kondusifnya global stock markets and the Asian region, as well as the opportunities the strengthening rupiah exchange rate advanced against the dollar will affect the psychological market.

Economic analyst from First Asia Capital David Sutyanto estimate sensitive stocks will be interest rates or interest-rate likely rose, amid growing expectations of further easing liquidity program.

“JCI estimated could continue the trend strengthened by testing the resistant at 5,300. While the support level at 5,230.0 “says David Sutyanto in his message Thursday, December 8, 2016.

JCI yesterday engaged in negative territory after a six-day trade strengthened. However, JCI successfully reduced correction after correction 43 points in the first session, the index finally closed at 5,265.36 or just thin 7.59 correction points (0.14%).

According to David, the strengthening of the exchange rate of the rupiah against the U.S. dollar to IDR 13.333 participated in encouraging action over a number of selective purchasing shares of sectoral interest-rate sensitive stocks such as banking. “Strengthening in a number of the leading banking shares managed to offset the action take the fortunes of financiers in the mining sector, infrastructure stocks and consumption,” said David…(Red)

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