JCI Wednesday Projected to Strengthen, These Three Stocks Could be an Option

JAKARTA - The Composite Stock Price Index (JCI) is predicted to continue strengthening in today's trading, Wednesday, May 6, after yesterday's significant increase of 1.22 percent to the level of 7,057.

BRI Danareksa Sekuritas in its research said there were several sentiments that drove the rise in the JCI yesterday, including the release of GDP Growth data which grew 5.61 percent in the first quarter compared to the previous year, marking the fastest growth rate since the third quarter of 2022.

This growth exceeded market expectations of 5.3 percent and also accelerated from the 5.39 percent expansion recorded in the fourth quarter of 2025 which made the JCI able to rebound above the 7,000 level.

"Technically, the JCI still has the potential for limited strengthening with the nearest target resistance range at the level of 7,100 - 7,160," wrote BRI Danareksa Sekuritas.

BRI Danareksa Sekuritas explained, amid the euphoria of the release of economic data that exceeded expectations, banking and conglomerate stocks are projected to be the backbone of the JCI in the near future.

BRI Danareksa Sekuritas provides recommendations for three stocks to trade today, namely RAJA, PADI, and GZCO.