Jakarta, CNBC Indonesia – The Composite Stock Price Index (JCI) recorded a positive performance on Thursday (21/4/2022). Indonesia’s benchmark stock market index closed up 0.68% to 7,276.19.
The value of yesterday’s trade transactions reached Rp 16.94 trillion and foreign net buys in the regular market amounted to Rp 1.88 trillion.
The index is expected to remain in an upward trend, although trying to confirm the next resistance level is not an easy matter. There needs to be a certain sentiment that is able to move the JCI more significantly.
Even so, investors can still take advantage of the movement of the index by observing a number of stocks. Following are the JCI movement predictions and stock recommendations for trading Friday (22/4) from a number of brokers.
1. Indosurya Shining Securities
The JCI movement seems to be still in a reasonable consolidation range. This can be seen from the limited increase in the index which has not been able to break the nearest resistance. JCI is expected to move in the range of 7,101 – 7,277 throughout today’s trading.
Stock recommendations:
• BBCA
• AALI
• ITMG
• BMRI
• SMGR
• ASII
• AKRA
2. MNC Securities
The level of 7230 is expected to be support. Meanwhile, the closest resistance level is at 7,320.
Stock recommendations:
• AKRA
• BBNI
• PRDA
• AALI
• MTDL
• BMRI
• LANGUAGE
• BBTN
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