The Insider Stories Morning Notes – JCI expected to be mixed on profit taking

JAKARTA (TheInsiderStories) – Indonesian shares are expected to trade mixed today as some players may opt to cash out following gains early this week and last week.

On Tuesday, the Jakarta Composite Index (JCI) edged down 0.19 percent or down 10.81 points at 5,697.06 points.

Indosurya Securities projected the JCI to move within range of 5,640 – 5,767 today.

William Surya Wijaya, an analyst with Indosurya, said the JCI could still go up on capital inflow. However, some analysts say the gains could be limited as some players may opt for taking profit

“Today, the JCI still has good chance to go up,” he said.

Stocks to watch today, according to Indosurya:

– EXCL

– JSMR

– ADHI

– ASRI

– MAPI

– ANTM

– GGRM

– UNVR

– INDF

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