... predicted the BEI index would hover around 4,650-4,450 points today... "Jakarta (ANTARA News) - The Indonesian Stock Exchange (BEI) opened trade this morning with index gaining 4.62 points on technical factor.
The BEI index gained 0.10 percent to rise to 4,552.86 points with index of 45 most liquid stocks up 0.15 percent to 781.68 points.
The BEI index extended gain on Wednesday , but there was potential correction as indicators have reached saturation, e-Trading Securities' researcher Betrand Raynaldi said here on Wednesday.
Bertrand predicted the BEI index would hover around 4,650-4,450 points today.
Panin Sekuritas' analyst Purwoko Sartono said improvement in Chinese macro economic data would remain a positive catalyst and indicates economic recovery in East Asia.
Purwoko said BEI index gain came amid concern about a re-surge in European crisis following political turbulence in Italy and Spain.
He predicted the BEI index would move around 4,535-4,575 points in today's trading .
Regional markets Hang Seng recorded a 0.16 percent rise in index to 23,215.16 points, Nikkei-225 index down 0.33 percent to 11,332.06 points and Straits Times gaining 0.61 percent to 3,290.39 points .
(H-ASG/O001)
Editor: Ade P Marboen
Copyright © ANTARA 2013
