Investors Wait for the Fed, JCI Predicted Weakens

 JAKARTA - Composite Stock Price Index (CSPI) predicted the trend would still be weakened at the opening of trading this week, Monday (16/3) and moving in the range of 5385-5400. Investors may choose to look at the market and wait for the results of the US Central Banlk meeting which will take place this week.

Investor Tunggu The Fed, IHSG Diprediksi Melemah
Employees observe the movement of the Composite Stock Price Index (CSPI) in Indonesia Stock Exchange, Jakarta, Wednesday (18/2). Composite Index closed up 52.95 points or 0.99 percent at 5390.45 after earlier touching 5415.38 level. (AFP PHOTO / Puspa Perwitasari)



Reza Priyambada, Head of Research Woori Korindo Securities Indonesia (WKSI) in his research describes returning false signals occur where the affected back rampant selling. The continued weakening of the currency and calm demeanor indicated the government is still a concern of investors.

At the end of trading last week, said Reza, the pace of Asian stock markets still continue strengthening positive expectations for performance over the industrial issuers. On the other hand, also supported the strengthening of the positive response of market participants to move the European Central Bank which has been running the Quantitative Easing program.

The pace of European stock exchanges are still able to move positively although some of them tend to be negative. Market participants still respond positively to the weakening of the Euro against the US $ as the rate of realization of the ECB stimulus program as assessed weakening the Euro rate can provide positive sentiment for exporters and other issuers are expected to improve profitability which is considered stagnant. Increased wholesale price index MoM German, and Italian inflation that accompanied its positive balance of trade also gave a positive sentiment.

Back appreciation rate of US $ which is accompanied by a decrease in producer price index (PPI) and the Michigan consumer sentiment negative sentiment that makes the pace of the US stock markets climbed back down after the previous day. With the increase in the rate of return of US $ raises the perception of disruption of benefits for companies that are less affected by competing US products.

Consideration shares a.l:

BBNI 6650-6825
MPPA 4310-4400
AKRA 5025-5250
BMTR 1785-1850
UNVR 39,450 to 40,150
PWON 490-535

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