JCI Friday Influenced By Global Sentiments, These Stocks Can Be Options

Illustration. (Photo: Doc. Antara)

JAKARTA - The combined stock price index (JCI) today, Friday, October 27, will be influenced by global sentiment and the performance of issuers in the third quarter of 2023. There are several stocks recommended by analysts for today.

JCI closed down 1.75 percent or 119.86 points to the level of 6,714.51 at the end of trading last Thursday. During the JCI trade, it touched its lowest level at 6,704 and the highest at 6,838.

A total of 153 stocks were observed to have strengthened, 397 weakened, and 200 stocks moved on the spot. Meanwhile, throughout the year, the composite index also fell 1.99 percent year-to-date (ytd) from the initial position in January 2023 at the level of 6,850.98.

The CEO of Yugen Growing Sekuritas William Surya Wijaya said that the JCI movement pattern at the weekend was still overshadowed by a fairly large pattern of pressure and the closest support level was tested again. Currently, the pressure wave looks like it will not end so the JCI will still tend to move consolidatively.

"The movement of the JCI is still supported by relatively stable economic conditions coupled with the ongoing dividend season," he said in research.

The occurrence of reasonable corrections can still be used by investors to accumulate purchases for stocks that have strong fundamentals with a large market cap.

William predicts the JCI will move in the range of 6,702-6,899 today. Recommendations for GGRM, BBCA, AALI, SMRA, TBIG, BBNI, ASII shares.