IDEX Opens Higher Ahead of Constitutional Court Ruling

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Dwi Hadya Jayani 27/06/2019 10:48 WIB
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Movement of the IHSG Index, May-June 2019
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The Jakarta Composite Index (JCI) opened higher on Thursday (27/5). As of 10:00 WIB, the JCI stood at 6,327.06 points, up 0.27%. Today, the Constitutional Court (MK) will hold a hearing and deliver its verdict on the 2019 Presidential Election dispute at 12:30 WIB.

Capital market observer Satrio Utomo said the JCI should move positively today. However, Satrio also predicted that the movement would not be significant. The JCI is expected to range between 6,289 and 6,400 points. Furthermore, there are no positive sentiments from the global market that could support the JCI's strengthening. Yesterday, the JCI closed in the red at 6,310.49 points.

(Read Databoks: [IHSG Closes with Rebound After 3 Days in the Red](https://databoks.katadata.co.id/datapublish/2019/06/25/ihsg-ditutup-rebound-setelah-3-hari-di-zona-merah))

Editor : Hari Widowati

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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