KONTAN.CO.ID – JAKARTA. The IDX Composite (IHSG) has the potential to strengthen slightly in the support area of 7,288 and resistance of 7,355 on Monday (18/3). The JCI weakened by 1.42% or 105.26 points to the level of 7,328.05 on Friday (15/3). MNC Securities analyst Herditya Wicaksana said the market is awaiting the release of China's industrial data. In addition, he said the market is also observing the yield of the US Treasury 10-year which has been strengthening for two days. Muhammad Nafan Aji, an analyst at Mirae Asset Securities, added that the market is also awaiting the determination of the Fed Funds Rate (FFR) as well as the March dot plot. In addition, the market is also awaiting the Bank Indonesia Board of Governors Meeting (RDG BI) to determine the BI rate.
IDX Composite Potentially Consolidates on Monday (4/3)
KONTAN.CO.ID – JAKARTA. The IDX Composite (IHSG) has the potential to strengthen slightly in the support area of 7,288 and resistance of 7,355 on Monday (18/3). The JCI weakened by 1.42% or 105.26 points to the level of 7,328.05 on Friday (15/3). MNC Securities analyst Herditya Wicaksana said the market is awaiting the release of China's industrial data. In addition, he said the market is also observing the yield of the US Treasury 10-year which has been strengthening for two days. Muhammad Nafan Aji, an analyst at Mirae Asset Securities, added that the market is also awaiting the determination of the Fed Funds Rate (FFR) as well as the March dot plot. In addition, the market is also awaiting the Bank Indonesia Board of Governors Meeting (RDG BI) to determine the BI rate.