Selective Buying Supports JCI Strengthening


The selective buying action undertaken by market players was the driving force behind the strengthening of the Jakarta Composite Index at the opening of trading on Tuesday (18/5) by 2.22 points.

"Lack of sentiment, but JCI is expected to rebound after deep correction and investors take advantage of the buy on weakness," said PT Samuel Sekuritas Research in Jakarta.

The JCI, at the opening of trading this Tuesday, opened up 2.22 points (0.04%) to the position of 5,836.08. Meanwhile, the leading stock index LQ45 rose 0.91 points (0.1%) to 870.4.

Meanwhile, the condition of Asian bourses, this morning the Nikkei index was opened and traded in the positive zone 0.8%, as well as the Kospi index, rose 0.48%.


Penulis : Widya