Trading This Week Only For 3 Days, Check Out The JCI Projection And Stock Recommendations
JAKARTA - Stock trading this week, only for three days on May 26-28, 2025. The Composite Stock Price Index (JCI) is projected to fluctuate.
Equity Analyst of PT Indo Premier Sekuritas (IPOT) David Kurniawan explained, technically the JCI is currently moving above the level of 7,000 which signifies investor confidence in the Indonesian capital market. Even so, investors must also remain vigilant, because there is an important resistance at the level of 7,400.
Level 7,400 was previously tested many times, before finally the JCI scored an all time high at the level of 7,800 in September 2024," David wrote in his research.
According to David, in the week that will only last for 3 days of trading from May 26-28 2025 due to holidays and collective leave for the Ascension Day of Jesus Christ, traders are advised to pay close attention to two key catalysts this week, namely the MSCI Index rebalancing and the flow of foreign funds.
David emphasized that the rebalancing of the MSCI Index, which is scheduled for the end of May 2025, could affect the flow of foreign funds to the Indonesian stock market. Foreign investors are expected to adjust their portfolio according to the change in weight in the index.
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Over the past week, foreign investors recorded a net purchase of IDR 2 trillion in the regular market, with stocks such as BBRI, ANTM, BMRI, GOTO, and BBCA becoming favorites. This shows the confidence of foreign investors in the prospects for the Indonesian stock market, "explained David.
Meanwhile, David recommended three shares for this week, namely MDKA, BBR, and NCKL.