An analyst said the prediction is based on positive sentiments in regional market and Fitch Ratings maintaining Indonesia`s debt rating at BBB- with stable prospects.
Jakarta (ANTARA News) - Banking, cement, and automotive shares are predicted to gain in Thursday trading, analysts said.

Samuel Sekuritas Indonesia`s analyst Yualdo Yudoprawiro said here Thursday, the prediction is based on positive sentiments in regional market and Fitch Ratings maintaining Indonesia`s debt rating at BBB- with stable prospects.

"Fitch also said that Indonesia has strong economic resilience with investment growing higher than in economies with BBB rating," Yualdo said here on Thursday.

The composite share price index of the Indonesian Stock Exchange fell 0.07 percent in Thursday`s morning session to 4,314.18 points with index of 45 most liquid stock down 0,11 percent to 739.97 pints.

The global market notably the US and European markets gained after the announcement of cease fire between Israel and the Hamas .

Yualdo also said that the market is also bullish with expected meeting of EU finance minister to decide on Greek bail out fund.

Meanwhile, the majority if Asia markets gained in the opening trade on Thursday.(*)

Editor: Heru Purwanto
Copyright © ANTARA 2012