Jakarta, CNBC Indonesia – Performance of the Composite Stock Price Index (JCI) was in a positive trend throughout last week. JCI closed at 7,210.84 on Friday (8/4/2022) or rose 1.17% compared to the previous day.
During the week, the JCI rose 1.87%. Thus, the JCI even posted a strengthening for four weeks in a row.
So how is the JCI movement today? Check out stock recommendations for trading Monday (11/4/2022).
1. NH Korindo Sekuritas
Analyst Dimas Wahyu said the increase in the energy sector and basic materials supported the JCI up 1.2% to 7,210 this weekend. Market participants expect the increase in commodity prices to boost the performance of issuers in the sector.
“In addition to stock trading, which will only last for four days, investors will pay close attention to US inflation data in March, which is projected to rise again,” said Dimas.
Stock Recommendation:
• OPEN
• PALM
• MDKA
• SRTG
• ENRG
2. Pilarmas Investindo Sekuritas
JCI is expected to move slightly higher with a range of 7,132 – 7,254.
Stock Recommendation:
• MNCN
• PTBA
• PON
–
