VIVAnews - The composite stock price index in the Indonesia Stock Exchange (IDX) opened higher today as data showed that future rise may still take place.
According to a research conducted by PT Reliance Securities Tbk, the anticipation on data of July inflation rate which is likely to exceed one percent as well as the movement in Asian market has affected investors to give positive response.
Reliance Securities projected that the Jakarta benchmark index would be around 3,097 of support and 3,125 of resistance.
In the early transaction this morning, the index gained 8.30 points (0.27 percent) to 3,077.57.
The Asian market during the opening in Jakarta index also gained at various levels. The Hang Seng opened 216.97 points (1.03 percent) at 21,246.78; NIkkei 225 rose 118.49 points (1.24 percent) at 9,655.79; and Straits Times earned 24.32 points (0.81 percent) at 3,012.02.
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Translated by: Bonardo Maulana W