Forex News Indonesia shares likely higher, helped by rise Wall Street, drop in oil prices. Index expected in 2210-2250 band vs last close of 2218.125, +0.2%; "the firmer rupiah should also trigger bargain buying," says trader, though still warns of possible profit-taking later, given lingering concerns over global economy. Bank Mandiri (BMRI.JK), Bank Rakyat (BBRI.JK) may lead gains on hopes for strong 1H earnings, while coal miner Adaro (ADRO.JK) may continue to gain due to relatively cheaper valuation than rivals.
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