Composite Stock Price Index This (JCI) will be re-tested strength, Tuesday (30/10/2012), having dropped the previous trade. Investors and market participants still waiting for the report of the issuer's financial performance in the domestic market.
JCI beginning the week with a thin closed lower, with the negative sentiment of regional markets following the financial statements in the United States under estimation.
The U.S. economy in the third quarter of this year grew two percent, higher than the estimate of 1.8 percent. The U.S. economy is driven by consumer spending, defense, and housing construction.
In addition there are fears of debt problems in Europe. It came after German Finance Minister said doubts Greece can meet the requirements to receive subsequent grants. Problem resolution of the debt crisis, continue to hamper the pace of the global capital markets.
Panin Securities Research estimates, JCI today will still move with the trend of moderate weakening of the regional markets weakened tail. The market is still waiting for the announcement of the release of the performance of the issuer, for the third quarter of this year. Range of support-resistance index in the range of 4310-4348.
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