JCI Surviving at Level 4000

Asian stock markets are known to move higher in early trading this weekend.

Composite stock price index in Indonesia Stock Exchange survive in the positive zone, though it was three days in a row strengthened. In fact, the level of 4000 again managed to penetrate.

JCI this morning, Friday, January 20, 2012 stand at 4000 levels since opened higher at 4001.85 level. When prapembukaan earlier, the index also rose 9.04 points, or 0.22 percent at 4010.12 positions.

According to PT BNI Securities analyst Maxi Liesyaputra, the index had gained because it still has a lot of positive sentiment that affect movement such as the Dow Jones rose, European markets recorded an increase in height, and a variety of metal commodities also recorded a rise in prices.

“Another positive sentiment is strengthening regional exchanges Pasifk Asia this morning, as experienced by the Nikkei and Kospi,” said he, in his research to VIVAnews.com here on Friday.

Maxi estimates, the index at the end of this week has a great potential for continued gains with an estimated range of movement between 3995 until 4050.

Meanwhile, unknown Asian stock markets move higher in early trading this weekend, as the strengthening U.S. exchanges due to the positive financial statements of the bank, which reduced unemployment claims, and rising optimism over investor sentiment improved in Europe.

As reported by Market Watch pages, the Japanese market, the Nikkei Stock Average rose 1.3 percent, South Korea’s Kospi index rose 0.7 percent, and stock Australia’s S & P / ASX 200 rose 0.6 percent.

In addition, the success of French and Spanish bond auction which helped the rally in European markets, and would hope an agreement between the Greek government and private creditors have contributed to the positive sentiment to the stock market.

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