Jakarta, CNBC Indonesia – The Composite Stock Price Index (JCI) recorded a positive performance in last week’s trading. Indonesia’s benchmark stock market index has strengthened for 8 weeks in a row.
Prior to this long rally, the last time the JCI weakened on a weekly basis was at the end of February when Russia invaded Ukraine.
In addition, the JCI also set a record closing all-time high/ATH on Thursday (21/4) trading this week at 7,276.19. During the trading period 18-22 April 2022, the JCI moved up 0.20% point-to-point.
The movement of the index is still quite challenging. Moreover, the JCI is currently facing a sell-off momentum.
Even so, a number of stocks are estimated to be able to provide cash. The following are JCI recommendations and stock recommendations for a number of brokers for trading today, Monday (25/4/2022).
1. Indosurya Shining Securities
In the short week leading up to the long holiday, the JCI movement will be more or less within the range of reasonable consolidation with a fairly limited pressure pattern, however, the momentum of a reasonable correction can be used to accumulate purchases with short-term investment targets and daily trading, today the JCI movement tends to move sideways .
Stock Recommendation:
• UNVR
• AALI
• JSMR
• ASII
• INDF
• ITMG
• CTRA
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