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View all search resultsJCI weakens 0.13% Friday morning
The Jakarta Composite Index (JCI) opened on a negative note on Friday morning as it declined slightly by 0
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T
he Jakarta Composite Index (JCI) opened on a negative note on Friday morning as it declined slightly by 0.13 percent, which equals 6.7 basis points, to 5,182.01 because of negative trends in external markets.
In addition to that, shares of blue chip companies traded on the Indonesia Stock Exchange (IDX) went down by 0.19 percent to 891.99.
'Indexes across Asia are weakening this morning because of the decline of shares in US stock exchanges,' Samuel Sekuritas analyst Tiesha Narandha Putri said as quoted by Antara news agency.
The fall of shares traded in the US was triggered by the Citigroup, which projected that the profits of publicly listed companies in the US were lower than market players had expected earlier.
Moreover, in the domestic market, the fact that the government plans to lower the price of Premium gasoline to Rp 6,500 (52 US cents) was predicted to fluctuate the values of shares traded on the IDX throughout Friday, she said.
Meanwhile, in regional markets, Hong Kong's Hang Seng and Japan's Nikkei depreciated by 0.59 percent and 2 percent, respectively, during their opening sessions. (nfo)
