JAKARTA (TheInsiderStories) - PT Reliance Securities predict the Composite Stock Price Index (JCI) on Tuesday (06/12) potentially strengthened although a bit restrained. The analyst Lanjar Nafi said JCI will move higher with the range of movement of 5,244-5,325.
Meanwhile, PT KGI Securities Indonesia estimates that the JCI moving in the range of support 5,200 and resistance 5,370. Senior Researcher KGI Securities Indonesia Yuganur Wijanarko in his research said, as a strong support area pushed up further to the next resistance level at 5,270-5,370.
Lana said, a number of shares that can be observed on Tuesday’s trading among BDMN, CPIN, HRUM, JPFA, TLKM, and MAIN. Yuganur recommends BBTN (Trading targets: Rp.1.790-1.850), INDY (Trading targets Rp.860-890), PWON) (Trading targets Rp.700) and WSKT (BUY.
Yesterday, JCI closed higher amid weak Asian markets. The index rose + 22,35poin (+0.43%) to 5,268 after moving between 5239-5280 many as 162 stocks rose, 138 stocks down, 106 stocks did not move, and 163 shares not traded. As many as eight out of a total of 10 sectors rose, led by the mining sector which rose + 2.29% and infrastructure are up + 0.95%.
Investors transact worth Rp5,67 trillion, consisting of regular transactions Rp4,52 trillion, negotiations Rp1.12 trillion and Rp17 billion in cash. On the regular market, foreign investors recorded a net sales Rp615,15 billion.
From Asia, the majority of stock index corrected. Nikkei225 index in Japan fell -0.82%, South Korea’s Kospi fell -0.37%, and the Hang Seng in Hong Kong has appreciated 0,26%.
The majority of stock indices in Europe has strengthened since it opened this afternoon. FTSE100 index in Britain rose + 0.68%, the DAX in Germany gained + 1.45%, and the CAC in France has appreciated + 1.09%.
In the foreign exchange market, on Monday, Rupiah strengthened +72 points (+ 0.53%) to Rp13,440 per US dollar, after moving in the range Rp13,415-Rp13,577. Today on the money market, investors will pay attention to the results of the appeal Brexit, retributions Australian interest rates, GDP growth in retail sales in Europe and the US.