Today’s stock recommendations (18/3) are from analysts

Reporter: Nur Qolbi | Editor: Anna Suci Perwitasari

KONTAN.CO.ID – JAKARTA. The Jakarta Composite Index (JCI) is predicted to weaken again today (18/3). As is known, the JCI closed down 0.51% to 6,277.23 on Wednesday (17/3).

Phintraco Sekuritas analyst Valdy Kurniawan said, JCI would continue to weaken with support at the level of 6,250 and resistance of 6,380.

The reason is, technically, JCI tends to be stuck in the pivot area of ​​6,275-6,300 in yesterday’s trading. Along with this movement, the index stochastic and RSI form death cross on the pivot range (50%).

“Therefore, the JCI is expected to weaken again, testing the level of 6,250-6,275 in today’s trading,” Valdy told Kontan.co.id, Thursday (18/3).

From a fundamental perspective, the Federal Reserve’s decision to keep interest rates low to support economic recovery will be a fairly dominant factor in determining the direction of the JCI today.

From within the country, the government’s incentive plan for the construction services sector and the proposed additional budget of IDR 2.5 trillion for the Ministry of PUPR have the potential to be a positive catalyst for stocks. construction related.

Also Read: JCI is projected to strengthen, this is the recommended stock for today (18/3)

Therefore, Valdy advised investors to pay close attention to the shares of PT Wijaya Karya (Persero) Tbk (LANGUAGE), PT PP Tbk (PTPP), PT Wijaya Karya Beton Tbk (WTON), PT Wijaya Karya Bangunan Gedung Tbk (WAYS), and PT Krakatau Steel Tbk (KRAS) on Thursday trade (18/3).

Another stock that can be considered is PT Aneka Tambang Tbk (ANTM), PT Telkom Indonesia Tbk (TLKM), and PT Sido Muncul Tbk Herbal Medicine and Pharmacy Industry (BEEN)

Meanwhile, NH Korindo Sekuritas analyst Dimas WP Pratama predicts the JCI will bullish with support at 6,250 and resistance at 6,350 “The sentiment from the US is expected to be a breath of fresh air for JCI to end the decline that has occurred during the last three days,” he said.

Market players are also considered to be keeping an eye on the results of the meeting of the Board of Governors of Bank Indonesia (RDG BI), which is expected to keep the benchmark interest rate at 3.5%.

For today’s trading, Dimas advised investors to pay close attention to the shares of PT Erajaya Swasembada Tbk (ERAA), PT Adhi Karya Tbk (ADHI), PT Aneka Tambang Tbk (ANTM), PT Surya Semesta Internusa Tbk (SSIA), and PT Semen Baturaja Tbk (SMBR).