6/29/2016

IDEX Up Trend to Day, due to Positive Global and Domestic Sentiment, China brings no Impact

IDEX Up Trend to Day, due to Positive Global and Domestic Sentiment, China brings no ImpactThe trend of Indonesia Stock Exchange to day shows up trend. This is much influenced by global and domestic positive sentiment. USA exchange to day closed higher and european economy indicates the convalescent after the brexit of England to dispatch from euro. The Europe stock exchanges was closed high 3.1% after brexit. 

The oil price stock exchange also significantly closed high 4.1% after the USA announced the less oil stock for 2 consecutive weeks. This brings significant increasing toward global stock exchange including indonesia IDEX. 
Meanwhile, this morning Asian stocks opened higher pengutan about 1.0% as global exchanges and easing the impact of Brexit.
JCI is expected to continue strengthening, driven by the increase in US and European exchanges. As well as the optimism of the Tax Amnesty also be a positive sentiment for JCI and the rupiah.

The predictable crisis of china nevertheless doesn't influence IDEX. The movement of Chinese stocks tracked lower in early trading today, Thursday (06/30/2016), amid reports away gap between China and the company's profit forecast by analysts.The Shanghai Composite Index fell 0.23% or 6.85
points to 2924.74 at 10.21 pm, after opening edged down 0.112 points at 2931.48 position.

Companies in the Shanghai Composite Index reported earnings per share over the past year by 33% below the predictions of analysts 12 months ago, according to Bloomberg data.That difference, which this month has been widened to the most since 2009, far beyond the differences predictions and actual earnings reports in the US, and is twice more than that experienced by Chinese companies in Hong Kong."Profit issuers are changing rapidly and even the issuer itself was not able to predict correctly," said Li Daxiao, head of research at Yingda Securities Co., as reported by Bloomberg. "If the forecast of analysts slightly deviates from what the companies actually report, it is normal and understandable. We also need more time to judge whether an analyst is accurate."Of the 1,146 stocks listed on the Shanghai Composite Index, 301 of them rose, 710 fell, while 135 shares stagnant in early trading today.Greenland stock Holdings Corp. Ltd. plummeted 3.78%, followed by China Communications Construction Co. Ltd. which dropped 3.49%, China Construction Bank Corp. which fell 5.39%, and China Railway Group Ltd. which slumped 1.56%.Meanwhile, the CSI 300 index movement in Shenzen containing blue chip stocks this morning turned down 0.07% or 2.26 points to 3149.13, after opening edged up 0.05% or 1.44 points at 3,152 , 83

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