JCI Tuesday Is Projected To Move Limited, What Stocks Are Recommended?
JAKARTA - The Composite Stock Price Index (JCI) weakened in trading on Monday, September 25 yesterday. JCI recorded a decline of 0.26 percent or 18.46 points to the level of 6,998.38.
Technical Analyst Binaartha Sekuritas Ivan Rosanova in his research said the JCI movement at the beginning of the week was due to corrected coal prices.
"As a result, coal issuers were also corrected," explained Ivan.
Furthermore, Ivan sees that the JCI in trade will still move limitedly tends to strengthen at the level of 6,980 - 7,035 today, Tuesday, September 26.
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The sentiment is commodity prices that still have the potential to rise and support the increase in the JCI in the banking sector, which currently tends to be depressed in price.
The stocks that Ivan recommends include KLBF, CPIN, TOWR, and BSDE.