VIVAnews - Profit taking will likely continue follow the index at the Indonesia Stock Exchange (IDX) today, May 12.
Research Head of PT Paramitra Alfa Sekuritas, Pardomuan Sihombing, told VIVAnews on Monday, may 11, that the index on Tuesday trading will be between 1,780 and 1,860.
The index on Monday trading dropped 31.79 points (1.71 pct) to 1,830.74 compared to Friday trading, May 8, which ended at 1,862.53.
He said the index on Tuesday is estimated to fall due to the vague progress of the domestic political situation.
Sihombing suggested investors buy-on-weakness over promising shares such as infrastructure, plantation and consumer goods.
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Translated by: Bonardo Maulana Wahono
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20 April 2024
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