The Jakarta Composite Index now sits above the 7,310-point plateau, although it is overweight on Monday.
The global forecast for Asian markets is quite directionless amidst the lack of catalyst, it is likely to fall under pressure from oil and biotechnology shares. European and American markets were mixed and flat and Asian Brokes expects to follow the suit.
The JCI ended marginally over on Friday after profit from energy and telecom companies, while financial mixed and resource stocks were below.
For the day, the index added 24.90 points or 0.34 percent to finish at a daily lower level of 7,311.92 after doing high trading as 7,401.58.
Among the activists, Bank Mandiri collected 0.42 percent, while Bank Danmon Indonesia increased by 0.41 percent, Bank Negara Indonesia increased by 0.24 percent, Bank Central Asia declined by 1.17 percent, bank Rakit Indonesia declined by 0.77 percent, Indosat Ooradu Hachisan 4.98 percent, Inspector Slamppadde Inspector Slamp. 0.55 percent, Estra International increased by 0.84 percent, Energy Mega Persda increased by 6.19 percent, Estra Agro Lestari fell 0.39 percent, Aneca Tambang fell 1.33 percent, Vaala Indonesia Tank 2.63 percent, Timah declined by 1.47 percent, 1.68 percent in Bumi Resource and Indofoom Sax Makmar and Banks recorded 1.68 percent in Bumi Resources Returned Makom.
The lead from Wall Street is soft as the major average was opened slightly more on Fridays, but quickly decreased before it was mixed and slightly changed.
Dow finished 142.31 points or 0.32 percent at 44,342.19, while NASDAQ rose 10.06 points or 0.05 percent to close at 20,895.66 and ended at S&P 500 0.57 points or 0.01 percent at 6,296.79.
For the week, NASDAQ jumped 1.5 percent in S&P 500 and increased 0.6 percent and drowned Dow 0.1 percent.
The weakness that emerged on Wall Street was taking advantage after Nasdaq and S&P 500 reached the new record intraday high in the open.
Pulback came between a recession by shares of Netflix (NFLX), the company gave better notes than the results of the second quarter, but in the second half warned its operating margin that it would be lower than the first half.
The forecast of OPEC demands crude oil prices decreased on Friday after inspiring the concerns of the production surplus. West Texas Intermediate Crude closed at $ 67.34 per barrel for August delivery.
The idea and opinion expressed here are the idea and opinion of the author and not necessarily Nasdac, Inc.
