In anticipation of the announcement of RDG BI, JCI was continually predicting depressed

Jakarta, CNN Indonesia – The Composite Price Index (IHSG) is expected to further weaken on Friday (29/6), in which Bank Indonesia (BI) will announce the results of its Board of Governors ( RDG) (19459002) "In the previous release, BI did not deny having had the opportunity to increase the benchmark interest rate, given the rise in interest rates of the Indonesian Bank, "said Juan Oktavianus Harahap, badyst of Artha Sekuritas Indonesia. The Fed has twice raised its benchmark interest rate by a total of 50 basis points this year

"IHSG is expected to weaken, support-resistance 5,608-5,733", Juan explains.

Meanwhile, Indosurya Shining Securities badyst William Surya Wijaya JCI is in the field of reasonable consolidation pending the badurance of Bank Sentra Indonesia regarding the benchmark interest rate [19659003] "The level of support should be maintained well, the apathy continues the model of long-term increase," William explains through his research.

He is optimistic IHSG may rise (bounce) at the end of this afternoon. According to him, JCI will move into the support range at 5,640 and 5,958 resistance.

Domestic stock market movements since yesterday have fallen 2.07% to 5.667. Some badysts said the situation was due to the weakening of the rupee exchange rate which affected the area of ​​about 13,300 Rp per US dollar.

Conversely, the majority of the Wall Street stock index rose last night. Noted, the Dow Jones rose by 0.41%, the S & P 500 by 0.62% and the Nasdaq Composite by 0.79%. (lav)