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Today’s JCI is forecast to weaken again, analysts suggest watching this stock

Reporter: The first is blessed | Editor: Tendi Mahadi

KONTAN.CO.ID – JAKARTA. Composite Stock Price Index (CSPI) on Tuesday (7/7) closed down 0.04% to 4,987.08. Amid the slight decline, foreigners recorded a net buying action of Rp 377.43 billion in all markets.

Sucor Sekuritas analysts see the JCI movement today lacking sentiment so that it only follows the movement of regional exchanges which are also trading mixed with a tendency to weaken.

Read Also: Encouraged by the merger sentiment, BRI Syariah (BRIS) shares shot 46.75% in a week

The lack of sentiment is also predicted to continue on Wednesday trading (8/7). “Regional exchanges also tend to lack sentiment, so tomorrow sentiment is still minimal,” Hendriko explained to Kontan, Tuesday (7/7).

He predicts JCI will potentially move mixed with a tendency to weaken on range 4.940-5.020.

Seeing this sentiment, Hendriko advised investors to look closely at stocks ASII with a target price of Rp 5,000

Read Also: Tomorrow, JCI is predicted to move sideways

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