Asian green stocks, JCI extends its rise

Bisnis.com JAKARTA – The Composite Share Price Index (IHSG) managed to increase its gains early today Tuesday (24/7 / 2018), in line with the strengthening of stock market indices in the Asia region

JCI opened with an increase of 0.31% or 18.61 points to 5,934.41 and up 0.29% or 17.18 points to 5,932.98 at 9:15 GMT . Monday, JCI finished up 0.73% or 43.01 points to 5,915.80

The nine IHSG sector indices are in the green zone with the main support of the commercial sector (+ 0, 48%), the consumer (+ 0.47%) and property (+ 0.46%).

In total, 160 shares rose, 30 shares fell and 407 shares stagnated from 597 shares listed on the Indonesian Stock Exchange this morning. 196519003] JCI is supposed to move limited and limited is still pretty difficult to break through the 6000 level in trading today.

Lanjar Nafi, an badyst at Reliance Securities, said that JCI was technically trying to break the downtrend line by testing the upper bands of bollinger. , indication strengthen if it can stay above 5900 with target MA200 up to level 6140 but if removed, JCI will re-support by testing level MA20

The stochastic indicator is consolidating positively with a bullish RSI indicator that will save its gains. The data on loan growth that will be released on Tuesday will be the focus of investors as the direction of bank performance in the prospect of a rise in interest rates this year, "he said. in his research

19659003] In accordance with JCI, the Business27 index rose by 0.23% or 1.20 points to 514.96 at 09:15 GMT, having opened with a gain of 0.44% that is 2.24 points to 516.

Stock index (+ 0.26%), the FTSE Straits Time index of Singapore (+ 0.20%) and the PSEi index of the Philippines (+ 0 In the rest of Asia, the Topix and the Nikkei 225 Japan gained respectively 0.59% and 0.43%, the Kospi index in South Korea has progressed 0.12%, while the Shanghai Composite and the CSI 300 China gained 1, respectively 41% and 1.53%.

Overall, Asian stock markets have risen after the year. announces n a number of US stock exchanges (US). On Monday, the Standard & Poor's 500 index finished up 5.15 points, or 0.18% at 2,806.98, and the Nasdaq Composite rose 21.68 points, or 0 , 28%, at 7,841.87.

Financial sector stocks rose 1.3% after 10-year US Treasury yields reached their highest level in five weeks. This increase makes the Federal Reserve likely to continue to raise interest rates despite criticism of President Donald Trump

"Yields are rising everywhere, which is a sign of strengthening the economy." The performance of the issuers is also very strong. Bruderman Asset Management (19659003) Shares that rose at the beginning of the session:

HMSP	+ 0.78%
BMRB	+ 0.78%
UNVR	+ 0.67%
TKMT	+ 0.49%

Weakening stocks early in the session:

INKP	-1.78%
TKIM [19659019] -3, 80%
CSTC	-0.33%
JPFA	-1.36%

Source: Bloomberg