Indonesia Market May Reclaim 5,000-Point Level


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The global forecast for the Asian markets is roughly flat thanks to a mixed reaction to U.S. employment data, which points to continued strength in the American economy but also raised some concerns about the outlook for interest rates. The European and U.S. markets were mixed but little changed, and the Asian bourses figure to follow that lead.
The JCI finished modestly lower again on Friday as the financial shares and resource stocks were mostly lower.

For the day, the index tumbled 46.81 points or 0.93 percent to finish at 4,987.42 after trading between 4,979.20 and 5,040.97. Volume was 4.78 billion stocks worth 4.48 trillion rupiah. There were 195 decliners and 95 gainers, with 84 stocks finishing unchanged.

Among the actives, Astra Agro Lestari shed 0.43 percent, while Aneka Tambang lost 1.06 percent, Bank Central Asia plunged 2.12 percent, Bank Danamon Indonesia dipped 0.25 percent, Bank Negara Indonesia climbed 1.33 percent, Bank Mandiri tumbled 1.45 percent, Bumi Resources lost 0.77 percent, Energi Mega Persada collected 0.92 percent and XL Axiata fell 0.48 percent.
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