JAKARTA – Projected Composite Stock Price Index (IHSG) next week is still overshadowed by several factors. Where the JCI at the end of trading Friday August 27, 2021 closed in the red zone and closed down 0.28% at the level of 6,041.
Investment Specialist for Mega Capital Indonesia, Liyanto Sudarso, said investors still need to be careful considering that this week market players tend to pay attention to sentiment from abroad, namely from the United States (US) by the central bank, The Fed, which will announce an annual symposium this weekend.
“I think next week, when we are facing a season from the Fed, this is tapering off, I think these investors need to be careful in choosing their stocks, especially try to choose stocks, if possible, don’t have USD exposure, especially debt or even those with USD exposure, for example. If the USD strengthens, I’m afraid that the Fed will withdraw its liquidity faster than expected,” he said, quoted on Sunday (29/8/2021).
Also Read: JCI Facts for a Week, Daily Transaction Value Drops 16.58%
According to him, investors should take precautions by looking for companies whose income is in USD. The Fed plans to taper in line with the achievement of this year’s inflation rate. This step is necessary, in order to regulate the rate of inflation that is too high.
Also Read: Trading Week, JCI slightly strengthened at the level of 6.041
“Well, you have to be careful, so if you can find a company whose earnings are okay, the income is in USD or those with more no exposure in USD, one more thing, it’s not just debt, if for example the ingredients are also imported in USD, it must be be careful too,” he said.
