Jakarta (Antara Bali) - The Jakarta composite index was 0.24 percent higher in the opening trade on Monday on market players. buying shares after falling prices last week.
The index of the Indonesian Stock Exchange (BEI) rose 12.82 points to 5,390.01 points with index of 45 most liquid stocks up 0.35 percent to 924,73.
Chief researcher of NH Korindo Securities Indonesia Reza Priyambada said the BEI index regained strength again after investors bought shares , which fell in prices last week.
"The market players, however, need to be aware of the possibility of profit taking that would result in price fall," Reza said .
Profit taking is potential amid minimum new positive sentiment , he said.
Chief researcher of Universal Broker Indonesia Satrio Utomo said many big capitalization shares are on the decline in price in shirt term that would determine the position of BEI index.
"Investors should wait until short term declining trend is over, before collecting more shares," Satrio said.
Regional markets such as Hang Seng, Nikkei and Straits Times also recorded gain in index. (WDY)
Jakarta Composite Index Up On Brisk Trade
Senin, 15 Agustus 2016 12:10 WIB
