Kamis 27 Apr 2017 14:40 WIB

Six sectoral stocks weakens, IHSG is opened in red zone

Rep: Sri Handayani/ Red: Reiny Dwinanda
Indonesian Stock Exchange
Foto: Republika/Agung Supriyanto
Indonesian Stock Exchange

REPUBLIKA.CO.ID, JAKARTA -- After closing the trade by making new record yesterday, Composite Stock Price Index (IHSG) open the trade in red line today (April 27). It weakened up to 16 point in the level of 5,710 after six sectoral stocks were slugging.  

The weakened sectoral stock included infrastructure 0.21, manufacture 0.25, finance 0.79, consumers 0.31 and basic industry 0.15. The rest of four other sectors strengthened, such as property 0.05, mining 0.47, agriculture 0.27, various industry 0.04 and trades 0.40. 

An economic analyst from Binaartha Sekuritas Reza Priyambada predicted that IHSG would potentially up to the level of resistant in the area of 5,742 and 5,758. 

''It seemed that the IHSG wanted to answer our challenge, questioning for its ability to keep rising to the new record," said Reza when contacted by Republika.co.id on Thursday (April 27). 

The increase was happened in the middle of domestic and international positive sentiment. Therefore, IHSG had been significantly strengthen.  

Reza hoped to see more potential increase. However, when there was no positive sentiment to IHSG, the position would be vulnerable to a reciprocal condition.  

''Keep be ware of any sentiment with its potential of reciprocal condition," he said.  

 

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