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TEMPO.CO Jakarta – The movement of the Composite Equity Price Index (IHSG) is expected to weaken on Monday, July 2, 2018. This is due to the repo rate response. of 7 Days (7DRR) 50 basis points at a level of 5.25%
Juan Harahap, Analyst at Artha Sekuritas Indonesia, explains that the Composite Index of Share Prices (JCI) has closed at 5,799.24 during the trading session last weekend. Basic Industrial Sectors with 3.17% and Mining Sector 2.85%
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However, Juan is projected on the contrary for the move the index early next week. JCI is expected to weaken at the first trading session in July 2018.
He said that JCI would be weakened due to the effects of the 7DDR increase announced by Bank Indonesia. According to him, the policy would compress the interest-sensitive sectors such as the banks
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"IHSG is expected to falter with the support level 5.763 and the resistance 5.870, "He said in the daily research cited on Saturday, June 30, 2018.
Artha Sekuritas Indonesia recommends a number of stocks that can be seen in the trading session, Monday 2 July 2018 UNVR, PWON, ICBP, ADRO, and INDY. 19659002] BUSINESS
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