JCI Monday Menguat, Rows Of Stocks Recommended

JAKARTA - The composite stock price index (JCI) has the opportunity to strengthen today, Monday, January 15 in the range of 7,123-7,272 in line with the release of trade balance data.

CEO of Yugen Bersinar Sekuritas William Surya Wijaya said that the JCI movement pattern still seems to tend to be consolidated with potential pressure starting to decline. However, increased opportunities are starting to appear even though they are still in a limited range.

The release of trade balance economic data at the beginning of the week which is predicted to be stable will also color the JCI movement. JCI has the potential to strengthen in the range of 7,123-7,272.

The choice of stock recommendations is ASII, ITMG, BBRI, TLKM, UNVR, SMGR, BMRI, AKRA.

For information, the JCI a week ago weakened 1.49 percent to the level of 7,241. During trading, the composite index moved to the level of 7,200-7,393.

The average daily transaction value of shares which increased by 17.20% to Rp9.78 trillion from 8.34 trillion a week ago.

The increase also occurred in the average daily transaction frequency of 5.23% to 1,214,622 transactions from 1,154,208 transactions a week ago. The average daily transaction volume of shares increased by 3.26 percent over the week, to 16.81 billion shares from 16.28 billion shares.

The market capitalization this week has changed by 3.63 percent, from Rp11,780.02 trillion in the previous week to Rp11,352.54 trillion.