JCI Is Projected To Reach 8,000 Ahead Of RI's 80th Anniversary

JAKARTA - President Director of PT Bursa Efek Indonesia (IDX) Iman Rachman said that coinciding with the commemoration of the 80th Anniversary of Independence of the Republic of Indonesia on August 17, the Composite Stock Price Index (JCI) has the potential to penetrate the 8,000 level in 2025

"The combined stock index per day has grown by more than 1 percent and has reached 7,600 today. Please pray together, on the 80th anniversary of the Republic of Indonesia, our index can reach 8,000," he said at the launch of the Padi Kapas Indonesia Foundation, on the Indonesia Stock Exchange (IDX), Jakarta, Monday, July 28.

Similarly, the Chief Investment Officer (CIO) at the Investment Management Agency (BPI) Daya Anagata Nusantara (DANTara), Pandu Sjahrir also expressed his hope for the movement of the stock market and optimism for the JCI, which is currently showing a positive trend and has strengthened to touch the level of 7,600 and hopefully it can reach the level of 8,000.

According to him, this will be an extraordinary achievement, especially to coincide with the commemoration of Indonesia's 80th anniversary.

"Hopefully 8,000, it's good for 80 years, Indonesia If it can be 8,000, it's really positive, right now, the market is positive. There are many positive news too, so far the momentum is positive," he explained.