JCI This Week Overshadowed By Various Global Sentiments, Check Out Stock Recommendations

JAKARTA - The Composite Stock Price Index (JCI) will still be influenced by global sentiment in August 2025. In the first week of August 2025, the JCI closed up 0.71 percent to the level of 7,537.77 on Friday, August 1.

Kiwoom Sekuritas in his research said there were still technical rebound opportunities in the middle of the month towards the end of the month, aka the last two weeks in August 2025.

According to him, although external pressure still exists, such as the risk of a global slowdown due to the impact of regional geopolitical tariffs and tensions, the JCI is relatively defensive compared to other regional exchanges.

"Especially because of the large-capalyzed conglomerate sectors and those that have received positive catalysts from recent global import rates," he explained.

There are some big sentiments that investors should pay attention to. Namely, the enactment of the President of the United States (US) Donald Trump tariff as of August 1, 2025.

In addition, August became the peak of the issuer's performance release for the first semester of 2025. There is a positive potential for surprises from the banking, telecommunications and mining sectors of precious metals.

Investors can also pay close attention to Bank Indonesia (BI) policies and the rupiah exchange rate. With controlled inflation and stable rupiah, Kiwoom Sekuritas projects that there is still a chance for BI to cut interest rates.

"This will be a positive catalyst for the domestic sector, especially banking, which is currently still laggard due to pressure from the performance of issuers," said Liza.

Lastly, China's and global prospects. Although China's GDP headline still grows solidly at 5.3 percent, their manufacturing and export activities continue to weaken, but this can reduce commodity prices and global demand.

Hal tersebut akan berdampak ke sektor energi dan metal di Indonesia. Namun sisi positifnya, pelemahan China membuka ruang pelonggaran moneter regional, termasuk di Indonesia, kata dia.

Kiwoom Sekuritas projects that the JCI will move in the range of 7,2407,500 in August 2025. The recommended stocks are BBCA, MDKA, AKRA and SSIA.