JAKARTA – Technical analysis of PT Ina Sekuritas Indonesia demonstrated the stock trend of PT Indocement Tunggal Prakarsa Tbk (INTP), Wednesday (22/1).

The sentiment arose from the news that Qatar & United Arab Emirates (UAE) show interest to invest in Indonesia’s housing sector is affecting shares in the cement industry, including INTP.

INTP is engaged in the cement industry. The main activities were grouped into three segments: cement, ready-mix concrete, and aggregates (granular material used for hydraulic cement concrete or cement mix production).

Technical analysis of INTP’s stock could be learned in this video. (DK/ZH)

Chart: Bloomberg