Bisnis.com, JAKARTA – JP Morgan still believes the Composite Stock Price Index (JCI) has wide growth space until the end of 2021. Which issuer is the investment banking champion from the United States?
JCI has not been able to show off in the last month, especially entering September 2021. Until the end of the session on Wednesday (21/9/2021), the composite index only parked at the level of 6,108,265 or corrected 0.08 percent in the last month.
During that period, the JCI had left the 6,000 level by touching the support position of 5,982,766. In fact, foreign investors are diligently shopping Indonesian shares with a net buy or a net purchase of Rp3.94 trillion.
The movement of the JCI which was not enthusiastic did not shake the view of the JP Morgan Analyst Team on the prospects for the Indonesian capital market until the end of 2021.
Through research published through Bloomberg, JP Morgan believes the Indonesian stock market will repeat its good record in the fourth quarter of 2020.
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