Rupiah countinues to grow strong in november with estimation of support in 5280 to resistance at 5330, said first asia capital david suyanto.
This strength of rupiah is predicted to last till 2017. In yesterday's trading, JCI continued its strength and closed at 5300 or strengtehining 38.36 points(0.73percent).
This positive movement of JCI is caused much by diminishing emerging market of which rupiah is emerging against usd dolllar/
Yesterday, rupiah strenthened 0.34% toward USD dollar at Rp 13.287. This stimulated the purchase of share for sensitive interest rate such as banking, property, manufacturing and cosntruction service.
From external factor, helped market sentiment driven china's export in november that showed positive growth after its contraction last month.
No comments:
Post a Comment