Samuel Securities analyst Christine Salim said here on Friday, that the U.S. exchanges closed higher again last night (Dec 22) as positive sentiment from the release of some U.S. economic data such as unemployment data and consumer confidence that are better-than-expected.
"Such sentiment is able to compensate the negative sentiment of lowered Hungary ratings by Standard & Poor`s (S & P) from BBB-(triple B minus) to BB + (double B plus)," she said.
In the Indonesian Stock Exchange (IDX), the Composite Stock Price Index (CSPI) on Friday opened up at a level of 3800 points.
The CSPI strengthen 10.16 points, or 0.27 percent to 3805.61 position, meanwhile the Index of 45 leading stocks (LQ45) rose 2.56 points, or 0.38 percent to 673.54 points position.
Christine also said that according to a statement from a credit rating agency Moody`s, to maintain a stable outlook on South Korea`s debt rating after the death of North Korean leader Kim Jong-Il is also one of the positive sentiments.
"Today`s CSPI is expected to move in the direction of regional markets with a slight transaction in anticipating the long Christmas holiday," she said.
the IDX index is expected to return and try to penetrate the psychological level of 3800 points to get out of the sideways pattern that have occurred since the beginning of December 2011 with the resistance level at 3830 points.
Regional exchanges such as the Hang Seng index rose 192.94 points (1.05 percent) to a level of 1,8571.17, the Nikkei-225 index fell 64.82 points (0.77 percent) to a level of 8,395.16 and Straits Times gained 9.16 points (0.34 percent) to a level of 2,673.96.
(Uu.A050/H-NG/O001)
Editor: Priyambodo RH
Copyright © ANTARA 2011
