JAKARTA (TheInsiderStories) - Good Morning, the Jakarta Composite Index (JCI) still in the range of consolidation and will remain sideways in the range 5,221 - 5,336, said William Surya Wijaya from PT Asjaya Indosurya Securities and Vice President of Research and Analysis Valbury Asia Securities Nico Omer Jonckheere.
Nico actually see the opportunities will only occur if the index first fell to 4,200. If the bottom is touched, the index will then be easy to rebound to 6000 levels. William reccommended JSMR, PGAS, UNVR, BBNI, ICBP, BBCA, TOTL, KLBF and PWON today.
The index rose to +23 points (+ 0.45%) to 5,317 after moving between 5,291-5,327. A total of 159 stocks rose, 141 stocks down, 113 stocks did not move, and 159 shares not traded. As many as nine out of a total of 10 sectors rose, led by basic industries sector which rose + 1.04% and infrastructure are up + 0.95%.
From Asia, the majority of stock indices rose. Nikkei225 index in Japan rose + 1.81%, South Korea’s Kospi rose + 0.81%, and the Hang Seng in Hong Kong has appreciated + 1.41%. The majority of European stock markets also rallied since it opened this afternoon. FTSE100 index in Britain rose + 0.03%, the DAX in Germany gained + 0.49%, and the CAC in France has appreciated + 0.19%.
Total transactions worth of Rp6.36 trillion, consisting of regular transactions Rp5.35 trillion, trillion Rp1.01 negotiations, and cash 5 million. On the regular market, foreign investors posted a net purchase transactions Rp131.68 billion.
In the foreign exchange market, Rupiah strengthened +29 points (+ 0.22%) to Rp13,332 per US dollar, after moving in the range Rp13,307-Rp13,357. Analyst from PT Monex Investindo Futures Putu Agus Pransuamitra stated policy of the President of the United States Donald Trump is unclear. The factors lifted the rupiah is political stability ahead of the elections of Jakarta. He estimates that the rupiah will continue to strengthen this weekend.