IHSG Opened Stronger, Translucent Level 4900

IHSG Opened Stronger, Translucent Level 4900

IHSG Opened Stronger, Translucent Level 4900 - Composite Stock Price Index (IHSG) opened strongly up through the level of 4900 at the opening of trading on Wednesday (06/29/2016). JCI at 9:02 pm in position 4905.97, up 23.80 points or 0.48 percent over Tuesday's closing price, 4882.17.

The strengthening of IHSG is the impact on the national economic situation, with market participants capture the positive signals coming into effect of Tax Amnesty Law, with the potential for an influx of up to Rp 160 trillion for the state.

Moreover, in terms of global, global stock market in early this morning also closed positive, mainly due to the rebound of banking stocks that have been two days after the announcement Brexit depressed, or British exit from the EU. Sell ​​shares began to subside, with European shares .FTEU3 rose 2.4 percent, up from a decline of 10 percent during the referendum.

Banking stocks began to recover and become drivers of the increase in the overall index. S & P financial index, SPSY, up 2.47 percent. Britain's Lloyds and Barclays each rose 7.43 percent and 3.38 percent. UniCredit of Italy gained 1.52 percent and Bankia of Spain rose 8.24 percent.

On the stock market the United States (US) on Wall Street, the Dow Jones rose 269.48 points or 1.57 percent at 17409.72. The S & P 500 rose 35.55 points or 1.78 percent at 2036.09. while the Nasdaq Composite index rose 97.42 points or 2.12 percent at 4691.87.

IHSG in the opening of trading on Wednesday, was also supported by strong 10 sectoral indices supporting the exchange. Strengthening the sharpest exist on the property sector, for easing LTV conducted by Bank Indonesia is expected to spur housing loans.

Opened the property sector rose 1.03 per cent, followed by the mining sector rose o, infrastructure 75 percent and 0.71 percent. Of the RTI data, stock trading volume reached 10.55 million shares with a transaction value of Rp 31.73 billion.

A total of 38 stocks opened higher, then two shares declined and 5 shares opened opened in a steady state. Foreign net buy in all boards of trade reached USD 5.8 billion.