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IDX Index Drops at Opening

Mega Capital projected that the index would move between 2,570 and 2,635.

Senin, 1 Februari 2010, 09:58 WIB
Antique
  (VIVAnews/Tri Saputro)

VIVAnews - The composite stock price index at the Indonesia Stock Exchange (IDX) was opened on the red zone in the early transaction today, Feb 1, as the regional and global markets edged down.

According to PT Mega Capital Indonesia through a research that VIVAnews received today, the index this week would likely be mostly affected by the global and regional index as well as the commodities' prices.

In addition, the securities company acknowledged that the Central Statistics Agency this week will announce the January inflation data.

Mega Capital projected that the index would move between 2,570 and 2,635 with an intraday target of between 2,530 and 2,660.

The Jakarta index was corrected 0.44 percent to 2,599.29 today.

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Translated by: Bonardo Maulana Wahono



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