Cyber Daily News - Stock price index (JCI) in Indonesia Stock Exchange (IDX) on Monday
closed higher by 114.10 points affected the pace of the stock market in
the GCC region through a correction.
IDX Composite Index closed lower by 114.10 points, or 2.50 percent, to 4446.45. While the group of 45 leading stocks or LQ45 moved down 31.57 points (4.01 percent) to 755.46.
"Stock markets in Asia were depressed affect the rate JCI Stock Exchange, a situation that encourages the domestic stock market mainly foreign undertake stock selloff," said Head of Research Universal Broker Indonesia Satrio Utomo on Monday
Noted, in trading on the Stock Exchange of data recorded, market participants recorded a net sale of foreign shares or "foreign net sell" amounted to Rp1,459 trillion on Monday (30/11) this.
He added that the market players are still overshadowed by rising interest rates the central bank United States in mid-December 2015. Investors should remain cautious and only accumulated with the strategy of "buy on weakness".
"The market seems to still varies await the Fed's interest rate hikes," he said.
Asjaya Indosurya Securities analyst William Surya Wijaya added that still depressed world commodity prices is also one negative factor for the domestic capital market, on the other hand also stock investors are waiting for domestic economic data to be released.
"Hopefully economic data released stable, so that the upper limit of the target level potential towards 4,590 points," he said.
Meanwhile, the frequency listed shares on the Stock Exchange reached 228 943 transactions with a total number of shares traded 4.30 billion shares worth Rp9,08 trillion. Securities that are moving up as much as 88 stocks, 186 stocks down, and moving stagnant or not moving in value as much as 72 stocks.
Regional exchanges, including the Hang Seng index fell 71.90 points (0.33 percent) to 21996.42, the Nikkei fell 136.47 points (0.69 percent) to a level of 19747.47, and the Straits Times fell 3.18 points (0.11 percent) to 2855.94 position.
