US Elections: Donald Trump wins, IHSG Afternoon Session Dropped

 

Composite stock price index (CSPI) on the first trading session in the Indonesia Stock Exchange, Wednesday, November 9, 2016, while ending in the red zone. Share price index slid deep enough, ie 112.48 points or 2.1 percent at 5358.20.
 

The decline in IHSG is a form of market response to Donald Trump victory over Hillary Clinton in a quick calculation in the US presidential election. Whereas before the opening of trading, stock index gained 7.34 points or 0.13 percent at 5478.03.
 

Based on observations on RTI Business, of the 538 stocks traded on the Stock Exchange, as many as 56 stocks rose, 235 stocks fell, 68 stocks stagnant, and the rest have not been traded.
 

Ten sectoral indices on the Stock Exchange are all compact weakened by an average of 2 percent correction. The deepest correction override the mining sector, which is 2.8 per cent, followed by the manufacturing sector fell 2.3 percent as well as various industry sectors and consumer compact slid 2.2 percent.
 

According to economic analysts of the Securities Analysts Association of Indonesia (AAEI), Reza Priyambada, decrease in JCI is an act that directly responded to the presidential elections in the United States. According to Reza, when the election results are superior Trump Clinton, market it as a negative sentiment.
 

"If they respond positively, definitely so Trump wins IHSG will strengthen as yesterday, when Hillary is expected to win," said Reza told Tempo on Wednesday, November 9, 2016.
 

According to Reza, usually, the market scenario will directly respond to what they see negative momentum. That is, when Trump superior to Clinton, it makes the market plummeted.
 

"The market view, if the US-led Hillary, it will be more detailed implementation. Market prefer it with certainty. They respond positively if Hillary won the election," said Reza.
 

Reza saw weakness in the market indices can be will last until December, unless there is an assumption of positive sentiment else replace this negative sentiment. "If, for example, there is a better indication of the cabinet, the next it could be an indication of whether the market goes up, what it adds plummeted."