Capital Inflow Supports JCI Movement In Range 5811 - 5945

By : Wiyanto Dan Aldo Bella Putra | Thursday, August 24 2017 - 21:00 IWST

5166
5166

INDUSTRY.co.id - Jakarta - Composite Stock Price Index (CSPI) in the range 5811-5945 on Thursday (24/8/2017). Owners of capital can accumulate nine preferred shares.

"JCI managed to re-score the highest record of new spun of time in the middle of capital inflow that has not been present significantly in the Indonesian capital market, the momentum of reasonable correction if it happens, can still be used to make accumulated purchases considering in the long term JCI is still in uptrend ditopang By stable economic fundamentals reflected in the release of economic data," said William Surya Wijaya, Vice President of Research Department of PT Indosurya Mandiri Sekuritas in Jakarta, Thursday (24/8/2017).

In trading Wednesday (08/23/2017), JCI (+ 0.57%) suddenly opened higher with closed back break the highest price rose 33.73 points by + 0.57% at 5914.02 with the highest volume this month. The mining sector (1.91%) and Consumption (+ 1.09%) became the strengthening leader. The strengthening of mining commodity prices and investor optimism towards consumer are the main drivers of the highest level of Composite Index this year.

The aggressiveness of Bank Indonesia by cutting the benchmark interest rate 25bps to 4.50% from 4.75% does not bring a strong optimistic wind where the leading sectors thought to be positive winds such as Property (-0.06%) and Finance (+ 0.56%) are not significant enough movement. Foreign investors recorded a net purchase of 364.87 billion rupiah.

He offers nine shares that can be accumulated by investors, namely: KLBF, - ASRI, PGAS, PWON, MAIN, MYOR, ICBP, INDF, UNVR and BBNI

News Comment

Today's Industry

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

President Jokowi, President Biden, and ASEAN Leaders on a group photo prior to the dinner, at the White House, Washington D.C., Thursday (05/12)

Selasa, 17 Mei 2022 - 12:28 WIB

President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President

President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…