Phillip Securities Limited TRADE Is Expected To Rise:
As early as 2012 opens with a negative TRADE with rectified 0.08%. Negative Sentiment was sustained until the close of trading yesterday. TRADE closed at position 3, 809.140 or weakening of 16,508 points (-0.34%), while the index of blue chips stocks, LQ 45, Indonesia is also experiencing the same thing with rectified by 0.40% and put an end to trade at $ 2.699 670.807 or decline points. In yesterday's trading as much as eight sectors closed negative, led by the sector's infrastructure with the negative contribution of 0.89% followed by the trade and services sectors with negative correction of 0.60 euros per cent and agricultural and industrial base are both contributing negative of 0.60%. Only one sector that is constantly trying to restrain the urge to TRADE on negative sentiment which contributed largely to the increase in the construction sector amounted to 0.44%. However, TRADE could not survive and remain in the negative zone. Perdagang's not much movement yesterday. sacrificing This is because the regional markets are on average still close to the trade. From regular market recorded trade of Rp 964.259 billion, while foreign investors did buy NET (Net Buy) amounted to Rp 10.563 billion. In yesterday's trading, the issuer-the issuer that are contributing to a negative among other CNTX, ADMF, UNTR, ASII and UNVR. While holding a decrease in TRADE more in TOTO, among others, GGRM, IMAS TPIA and GDYR.
Trading Volume was thin and Purchasing Manager index (PMI) in Germany were better than expected pushed European stock markets rode higher on the first day of trading for the year. Stoxx Europe 600 index up 1.1% to 247.15 on Monday. The index on Friday ended with a decline of 11.3% in 2011, which is the first annual decline in three years and the worst annual performance since 2008. European stocks rise led by Germany, the DAX 30 index was up 3% to 6, 075.52. The lack of liquidity in the market on Monday due to London's and lid still United States market.
We estimate a limited TRADE going up on the second day of the year. We expect the level of support and resistance to TRADE on these days will be at 3,770 and 3850.
