NUSADAILY.COM – JAKARTA – The Indonesia Stock Exchange’s (IDX) composite stock price index (IDX) on Tuesday is likely to strengthen amid a correction in Asian regional stock exchanges.
JCI opened up 0.9 points, or 0.01 percent, to 6,105.79. Meanwhile, the group of 45 leading stocks or the LQ45 index rose 0.19 points, or 0.02 percent, to 958.84.
“JCI is expected to strengthen in today’s trading amidst mixed market sentiment,” Valbury Sekuritas Head of Research Alfiansyah said in a report quoted by Antara in Jakarta on Tuesday.
From the external, Wall Street index in Trading Monday (4/12) yesterday closed weaker. Meanwhile, asian regional stock indexes today are expected to move mixed.
Analysts argue That China will not take significant steps to retaliate against the actions of the New York Stock Exchange (NYSE) which delisted three Chinese telecommunications companies.
Earlier, China threatened to take necessary action to protect its corporate interests after the New York Stock Exchange removed three Chinese telecommunications companies that the U.S. said had military ties.
Meanwhile, the covid-19 coronavirus variant identified in South Africa is considered more problematic than the variant found in the UK. Both new variants continue to spread rapidly.
From Japan, Japanese Prime Minister Yoshihide Suga is considering a COVID-19 emergency in most areas of Tokyo, following a third wave of severe cases of coronavirus infection.
Government Will Vaccinate Covid-19
From domestic, the government will vaccinate COVID-19 which is scheduled to start in mid-January 2021 or next week.
Meanwhile, inflation in December 2020 was 0.45 percent, so that over the past year inflation only reached 1.68 percent.
Asian regional stock exchanges this morning include the Nikkei index down 60.74 points, or 0.22 percent, to 27,197.64, The Hang Seng index fell 242.97 points, or 0.88 percent, to 27,229.84, and the Straits Times index corrected 15.68 or 0.55 percent to 2,843.22. (ros)