The JCI is forecast to have limited gains tomorrow, these stocks can be glimpsed

ILLUSTRATION. Investors monitor stock trading through their devices in Jakarta, Friday (11/13/2020). BETWEEN PHOTOS / Akbar Nugroho Gumay / wsj.

Reporter: Akhmad Suryahadi | Editor: Tendi Mahadi

KONTAN.CO.ID – JAKARTA. Composite Stock Price Index (IHSG) managed to gain 0.23% to the level of 5,944.409 at the close of trading on Tuesday (8/12). This gain complements the JCI movement which rose 2.07% on Monday (7/12) trading.

MNC Sekuritas analyst Herditya Wicaksana projected that on Thursday trading (10/10) the JCI was still quite prone to experiencing corrections, with a range of levels. support 5,800 and resistance 5.950.

For their own sentiment, market players will observe developments on global exchanges and how the distribution of vaccines and handling of Covid-19 globally.

Also Read: JCI has the opportunity to touch the 6,000 level this week

Likewise, the Director of Indosurya Bersinar Sekuritas, William Surya Wijaya, also assessed that the opportunity for the increase and the current movement of the JCI seems to be quite limited. This is because the JCI has not been able to be maintained above resistance the closest level.

In addition, the outflow of foreign funds was still recorded (capital outflow) in year-to-date (Ytd) also provided sentiment on the IHSG movement.

Quoting RTI, since the beginning of the year, the amount of foreign funds that came out of the domestic market was worth Rp. 60.62 trillion in the regular market, while the value was Rp. 50.20 trillion in all markets.

William estimates, JCI has the potential to move within a reasonable consolidation range, with the range 5,821 – 5,998.

Also Read: Unit-linked yields also lifted the strengthening of the JCI, who won?

As for William’s preferred shares for trading on Thursday (10/12), including PT Gudang Garam Tbk (GGRM), PT Bank Negara Indonesia Tbk (BBNI), PT HM Sampoerna Tbk (HMSP), PT Kimia Farma Tbk (KAEF), PT Nippon Indosari Corpindo Tbk (WHEEL), PT ACE Hardware Tbk (ACES), and PT Aneka Tambang Tbk (ANTM).