VIVAnews - Swine flu outbreak which affected the share trading at the New York Stock Exchange (NYSE) last night is figured to once again upset the share movement in Asia, including the composite stock price index at the Indonesia Stock Exchange (IDX) today.
"It seems that there is still strong negative sentiment," analyst of foreign securities, Gifar Indra Sakti, told VIVAnews in Jakarta, April 27.
Sakti projected that the index on Tuesday, April 28, will be between 1,560/1,500 and 1,600.
According to Sakti, the index on Tuesday may receive buying pressure from investors.
In addition, David Cornelis, an analyst of foreign securities, claimed that the index on Tuesday will tend to increase because share purchase and release will balance each other within these weeks.
On the other hand, Sakti recommended that investors buy blue chip shares such as PT Aneka Tambang Tbk (ANTM), PT Bank Rakyat Indonesia Tbk (BBRI), PT Bank Mandiri (BMRI), PT Perusahaan Gas Negara Tbk (PGAS) and PT Telekomunikasi Indonesia Tbk (TLKM) as well as the shares belonging to Bakrie Group.
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Translated by: Bonardo Maulana Wahono
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