JCI Tuesday Still Covered by Negative Sentiment, Four Stocks Recommended

JAKARTA - The Composite Stock Price Index (JCI) is predicted to move sideways in today's trading, Tuesday, June 30, after yesterday closed down 1.28 percent to 5,820.7.

Phintraco Sekuritas in its research said the JCI extended its weakness for two consecutive days amid investors' wait-and-see attitude ahead of the release of June inflation data and the May trade balance scheduled for July 1, 2026.

From a technical point of view, the JCI is moving below the MA5 and MA20 reflecting the short-term trend which is still weak. Meanwhile, MACD shows a positive histogram which continues to narrow and Stochastic RSI moves down from the overbought area.

With a lack of positive catalysts in the short term and high investor caution ahead of the release of domestic macro data.

"We estimate that the JCI will move sideways in the range of 5,700-5,800 on Tuesday's trading," wrote Phintraco Sekuritas.

Meanwhile, MNC Sekuritas predicts that the JCI is prone to continuing its correction to test the 5,723-5,784 area range, while the strengthening of the JCI in the short term is expected to test 5,837-5,845.

MNC Sekuritas recommends four stocks for trading today, namely BRIS, IMPC, INDY, and SUPA.