JCI shares Raise Mining Industry

Liputan6.com, Jakarta: Composite Stock Price Index (CSPI) Indonesian Stock Exchange (BEI) at market opening on Tuesday (20 / 4) morning, strengthened. Jakarta Composite Index rose 0.68 percent or 18.4 points to 2859.544 points. While LQ-45 index increased 3.997 points to 553.607 points.

According to PT Valbury Asia Securities analyst Krisna Dwi Setiawan, the main factors that encourage JCI strengthened as market participants buy shares in the mining industry. Among Indyka Energy of 13.12 million units valued at USD 40.14 billion at end exchange rate of Rp 4900 or an increase of USD 75 per share.

In addition, market participants also bought shares of Astra, the Indo Tambang Mega, Auto, and Astra Agro Lestari. The shares rose in value. "We are optimistic that the index would bounce back later this afternoon to reach 2900 points," said Krishna.

Other positive factors can trigger a rise JCI is the flow of foreign funds continue to rise. "Given the increasing flow of foreign funds, the index should be able to going through the number 2900, points were even close to 3000 points, said Krishna.

Foreign actors, added Krishna, now continue to invest in the domestic market due to opportunities in the domestic market is still promising. In fact, Indonesia is still providing higher revenues for its economic growth continues to improve and is expected to reach above six percent. "Therefore, a positive factor from the outside that still happens also to be utilized for the domestic market so that the index could reach 3,000 points, said Krishna. (Bog / Ant)

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