Jakarta Composite Index Opens Higher

VIVAnews - The Jakarta composite index in the Indonesia Stock Exchange (IDX) had improved, suspected boosted by the positive sentiment from the regional and domestic index. The index gained 3.12 points (0.13 percent) to 2,392.68 in the early transaction on Tuesday, Aug. 11.

Based on Mega Capital Indonesia research received by VIVAnews today, Indonesia's GDP data for the second quarter of 2009 which is above the market's estimation is predicted to have become the positive sentiment for the index movement, besides the share individual positive sentiment.

However, it is also stated in the research that the index movement in the global and regional index will still become the catalyst for the index movement.

Mega Capital predicts the index will move between 2,360 and 2,405.

--

Translated by: Ariyantri E. Tarman