Indonesian Share Price Opens Higher

VIVAnews - The composite stock price index at the Indonesia Stock Exchange (IDX) was still going up during the early transaction today, Jan 15.

According to a research by PT Mega Capital Indonesia, the sentiments in the global and regional markets as well as commodities' prices would still be the catalyst for the domestic market.

However, the securities company acknowledged that the overbought market would cause investors to set out profit taking.

Mega Capital projected that the index would move between 2,630 and 2,660 with an intraday target of 2,620-2,675.

The index slightly gained 0.17 percent (4.45 points) to 2,649.64 on Friday, Jan 15.

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Translated by: Bonardo Maulana Wahono