ID :
35112
Thu, 12/11/2008 - 16:27
Auther :
Shortlink :
https://www.oananews.org//node/35112
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BEI INDEX OPENS SLIGHTLY LOWER EARLY THURSDAY
Jakarta, Dec. 11 (ANTARA) - The Composite Stock Price Index (IHSG) opened slightly lower in the Indonesian Stock Exchange (BEI) early Thursday as several major stocks had fallen in early trading.
The IHSG dropped 1.57 point to 1,314.33, and the LQ45 index plunged 0.41 point to 261.87.
State telecommunication company PT Telkom shares were down by Rp100 to Rp6,800, Bukit Asam Coal Mine shares fell Rp50 to Rp7,800, Indofood Sukses Makmur shares declined by Rp10 to Rp970, Bank BRI plunged Rp50 to Rp4,000, and Bank BNI shares went down by Rp10 to Rp560.
PT Trimegah Securities in its daily analysis said the significant surge in the BEI Index in the earlier bourse closing caused an over bought and triggered a profit-taking by market players.
"The surge of 49.8 points caused IHSG to be nearly over bought at a short term oscillator, which indicated a profit taking risk if IHSG fails to breach its resistance at the level of 1,320," Trimegah said on "Fokus Pagi".
Besides, the weakening of BEI index was in accordance with the slumping down in Asian regional bourses on Thursday morning, such as those in Hong Kong, Tokyo and Shanghai.
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The IHSG dropped 1.57 point to 1,314.33, and the LQ45 index plunged 0.41 point to 261.87.
State telecommunication company PT Telkom shares were down by Rp100 to Rp6,800, Bukit Asam Coal Mine shares fell Rp50 to Rp7,800, Indofood Sukses Makmur shares declined by Rp10 to Rp970, Bank BRI plunged Rp50 to Rp4,000, and Bank BNI shares went down by Rp10 to Rp560.
PT Trimegah Securities in its daily analysis said the significant surge in the BEI Index in the earlier bourse closing caused an over bought and triggered a profit-taking by market players.
"The surge of 49.8 points caused IHSG to be nearly over bought at a short term oscillator, which indicated a profit taking risk if IHSG fails to breach its resistance at the level of 1,320," Trimegah said on "Fokus Pagi".
Besides, the weakening of BEI index was in accordance with the slumping down in Asian regional bourses on Thursday morning, such as those in Hong Kong, Tokyo and Shanghai.
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