(News Today) - Indonesia shares likely lower, weighed by weak IDR, falls on Wall Street on Friday, after last ending up 0.4% at all-time high of 2992.450.
“There should be a healthy correction after the recent sharp gains,“ says trader at First Asia Capital; expects bargain buying by foreign funds in telecom, consumer-related stocks to offset index's losses. Bank Rakyat (BBRI.JK), car maker Astra (ASII.JK) may lead falls on profit taking after gaining more than 4% in previous 5 sessions.
Source : kompas
Monday, July 19, 2010
Indonesia Shares Likely Lower
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