JCI Global Stock Ready fueled rise

Composite Stock Price Index closed jacked up ready to trade in this weekend, Friday (09/07/2012). The rise of the purchase of shares in the global market to be driving increases the domestic stock market. U.S. Stock shot overnight. The S & P 500 soared, recorded the highest increase in the last four years. 

This was after a meeting of the European Central Bank and the European Parliament agreed on a new bond-buying program. This step is considered as part of efforts to combat the impact of the debt crisis in the Blue Continent. Positive data in the U.S. is also a catalyst for driving the index in the land of Uncle Sam. The Dow Jones jumped 1.87 percent, the S & P 500 shot 2.04 percent, and the Nasdaq rose 2.17 percent. 

 Composite Stock Price Index yesterday had closed up 27 points (0.67 percent) to 4,102.85 level. The number of transactions 7.67 million lots, equivalent to Rp 3.5 trillion. Almost all sectors except agriculture increased (-0.52 percent) and trade (-0.14 percent). Recorded 150 stocks advanced, 79 stocks fell, 84 stocks were unchanged, and 147 shares not traded at all. Foreign investors recorded net sell (net sell) in the regular market Rp 186.98 billion in the stock of the most widely sold include BMRI, UNTR, ASRI, AALI, and JSMR.

 Technically, according to research eTrading Securities, MACD Histogram JCI still in negative territory, but has approached the positive area. This is a typical consolidation JCI. Today JCI support still in 4040 and 4120 with the sentiment varied resistance and consolidation trend. The stocks that can be considered is PGAS, BBRI, and ENRG. JCI Global Stock Ready fueled rise