JCI Thursday Menguat Uji Level 8,670, Simak Rekomendasi Saham

JAKARTA - The Composite Stock Price Index (JCI) is projected to strengthen in today's trading, Thursday, December 4, after closing slightly down 0.061 percent yesterday to the level of 8,611.79.

The JCI yesterday touched a new intraday record at the level of 8,669. However, the JCI was finally closed in the red zone after being dragged into corrections from six sectors.

Phintraco Sekuritas in his research said the JCI was still in a positive trend despite limited corrections. Technically, the MACD histogram is still in a positive area, the RSI Stochastic is moving higher in the pivot area, and the JCI is still surviving above the MA5.

"This keeps the opportunity for strengthening to test resistance from 8.650 to 8.670 on Thursday," explained research by Phintraco Sekuritas.

Phintraco Sekuritas noted the JCI resistance level was at 8,670, with a pivot at 8,600 and support at 8,550.

Market sentiment was also influenced by the closed rupiah movement which slightly weakened to Rp16,628 per US dollar, in contrast to the majority of Asian currencies which actually strengthened.

Meanwhile, the Asian stock exchange closed variatively, led by the strengthening of the Nikkei 225 index in line with the surge in technology stocks. The Kospi index also strengthened after the Bank of Korea raised its economic growth projection for the third quarter of 2025 from 1.7 percent to 1.8 percent YoY.

From global sentiment, market participants await the release of the UK S&P Global Construction PMI data for November 2025 which is expected to rise slightly to 45 from 44.1 in October, but still reflects the contraction of the construction sector.

From the Euro Area area, retail sales data for October 2025 is projected to grow 0.3 percent on a monthly basis, improve from minus 0.1 percent previously, and increase by 1.1 percent YoY.

For trading this Thursday, Phintraco Sekuritas recommends a number of selected stocks, namely ASII, ASSA, MAPI, ESSA, and UNVR.