Stocks Perform Consolidation

Stocks Perform Consolidation

JAKARTA, KOMPAS.com - Shares in Indonesian Stock Exchange today expected to make statements, after yesterday's Composite Stock Price Index closed down 0.25 percent or 7.31 points at 2934.59 ..

"The weakening of regional exchanges are used by investors to carry out profit-taking in trading yesterday. Decrease in yesterday's rally to end up in the past week," said a research analyst with Foreign Exchange Sartono Purwoko.

According to him, a sign of weakening of the index will actually start shooting star seen from the formation of trade on Monday. "We projected the index would tend to be statements on this day. There was still no strong sentiment that could push the index through 3000 level," he added.

Today, it projected the index would move in the range of support-resistance 2911-2950.

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