The BEI index was recorded at 5,188.52 points on Wednesday opening with 45 most liquid stocks down 0.06 point or 0.01 percent to 878.93 points.
"BEI index was slightly weakened by profit taking after unexpected rise earlier this week to cross the level of 5,200 points," Panin Sekuritas` analyst Purwoko Sartono said here on Wednesday.
Purwoko said profit taking was natural after the BEI index climbed quite high.
"The BEI index is expected to hover around 5,165-5,200 points today," he said.
HD capital`s analyst Yuganur Wijanarko said a number of shares had been overbought, but he still recommended buying more shares this week.
Shares with large capitalization such as Bank Rakyat Indonesia (BBRI), Kalbe Farma (KLBF), Bank Bukopin (BBKP), Telekomunikasi Indonesia (TLKM) deserve attention, he said.
Indexes of regional markets such as Shanghai Composite Index fell 0.19 percent to 2,300.63 points, Nikkei-225 index rose 1.17 percent to 15,560.69 points and that of Straits Times gained 0.43 percent to 3,458.57 points. (*)
Editor: Heru Purwanto
Copyright © ANTARA 2013
