VIVAnews – The Jakarta composite index in the Indonesia Stock Exchange continues to increase since the last transaction. The positive Asian global and regional index is seen as the trigger.
The Jakarta composite index gained 0.87 points (0.04 percent) to 2,416.71 in the early transaction on Tuesday, Dec. 1.
Mega Capital Indonesia’s research explained that the positive sentiment from the global and regional index, as well as the commodity price is predicted to boost the index increase.
The research also said that the domestic market will monitor the inflation data announcement for November, which according to Bloomberg’s estimation median will reach 2.70 percent (year-on-year) and 0.21 percent (month-on-month)
Mega Capital predicted that the index will move between 2,380 and 2,440.
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Translated by: Ariyantri E. Tarman
