Universe Indovest: Stocks Oversold Ready To Rebound
Wallstreet Exchange back depressed on last night, Dow Jones return buried 100,13 points or 0.84%. Investors again worried about the slow pace of solving problems of Europe after the European Central Bank Chief, Mario Draghi said it's hard to get back to making purchases of bonds. The index is also increasingly depressed by news that US banking are required to uncover all the data concerning the related financial reserves regulation Basel III, banking stocks plummeted, among others, Bank of America, JP Morgan, Citigroup plummeted more than 3%.
European bourses closed weakened Mario Draghi induced statement. The FTSE index fell 0.41%.
Asian Exchange this morning observed a positive move. Nikkei up 0.60%, Kospi up 0.82%.
Indonesia stock exchange today is expected to move mixed with potential and consolidation of the technical rebound was mainly on stocks that are relatively still oversold. Any weakening of blue chip stocks can be used to sign in, sentiment within the country adds up positive after 8 big banks RI entry predicate Investment Grade.