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Don’t be rushed into buying stocks, JCI Today (18/8) May be Tired of Rallying

KONTAN.CO.ID – JAKARTA. Composite Stock Price Index (IHSG) last weekend, a successful five-day rally. Friday (14/8), trading closed up 0.16% to the level of 5,247.69. Over the past week, the index accelerated 2.02%.

Well, analysts see the JCI is unlikely to continue strengthening in trading today, Tuesday (18/8). “JCI will tend to consolidate given the relatively short number of trading days,” said Valdy Kurniawan, an analyst at Phintraco Sekuritas, last weekend.

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