Monday, December 27, 2010

::Coming to the End of Year Holiday, JCI Tend Wait & See>>

Go Finance Report - Coming to cap the year, the Composite Index (JCI), often shows an unstable movement. In trading before the Christmas holiday last week's Jakarta Composite Index closed down nine points, or 0.25 percent at 3611.53 in the middle position of the trading volume is very minimal.

Coming to the market closing only days away, the trend is expected to continue this weekend. That is because the days before holidays and long weekends that makes investors tend to wait and see, foreign investors were still going to do net sell of Rp110 billion.

"The days before holidays and long weekends that makes investors tend to wait and see,"explained the e-trading to the Legal Securities in Jakarta, Monday (27/12/2010).

At the end of trading last week, before the Christmas holidays, Jakarta Composite Index closed down 9.15 points, or 0.25 percent, to 3611.53. LQ45 index was down 3.63 points to 644.11 and the Jakarta Islamic Index (JII) was also down 1.95 points to 517.61.

With a tendency to wait and see investors trade expected today will be a chance fluctuation in the level of 3500-3600.

"In today's trading stock index are expected to be in the range of 3565-3650," he explained. (GoFinance)

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