Go Finance Reporting - Composite Stock Price Index (IHSG) is projected to still be moving two-way (mixed) at the beginning of this week. The movement of stock indexes are still going to depend on regional sentiment.
"On Monday, we estimate the index is still going to move mixed,"said the Legal eTrading Securities in Jakarta.
He said if the banking sector and the commodity will appear as the main driver driving the index. According to him, the index this time there will be dikisaran 3530-3592 with stocks that can be considered is the PT Indofood Sukses Makmur Tbk (INDF) and PT Wintermar Offshore Marine Page (WINS).
At the end of trading last week, on Friday (1/14/2011) index closed up a thin four points, or 0.12 percent to a level of 3569.14 after being traded down at the first session following the profit taking on stocks of commodities sector. Foreign, recorded a net sell of Rp266 billion. IHSG also establish appropriate patterns of hammer and closed in 3569 resistance level.
While the positive sentiment coming from the positive stock index in the United States (U.S.) in trading last week. The Dow Jones industrial rose 55.48 points, or 0.47 percent, to 11787.38. Standard & Poor's 500 index rose 9.48 points, or 0.74 percent to 1293.24. The Nasdaq index rose 20.01 points, or 0.73 percent, to 2755.30. (GoFinance)
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