Share Consolidation
10:29 PM
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JAKARTA, KOMPAS.com - The movement of shares on the Indonesia Stock Exchange Tuesday (20.4.2010) is likely to consolidate after slipping yesterday Goldman Sachs scandal affected.
Digugatnya Goldman Sachs by the SEC into the negative sentiment surrounding the stock during trading yesterday asia.
"We view this incident the momentum for market participants to profit taking. CSPI today we are projected to move consolidated with the range of 2825-2870. We also see a correction that will happen only temporary," said a research analyst with Foreign Exchange Sartono Purwoko.
He recommended the shares of consumer goods, pharmaceuticals could be the choice of selling pressure amid investor market.
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