JCI On Wednesday Reopened To 6,151, This Is The Recommendation For Shares

Illustration. (Photo: Unsplash)

JAKARTA - The Jakarta Composite Index (JCI) opened higher on Wednesday, January 6 trading. The JCI opened up 0.23 percent or 13.98 points to 6,151.33.

Opening the trade, 126 stocks rose, 30 stocks fell, and 84 stocks remained stagnant. The trading volume at the opening was recorded at 197.50 million shares with a transaction value of IDR 1182.91 billion.

JCI movement in today's trading is expected to continue the strengthening trend, after yesterday being able to stay in the green zone with a gain of 0.53 percent to the level of 6,137.

PT Binaartha Sekuritas analyst Muhammad Nafan Aji Gusta Utama said the JCI support-resistance range is at the level of 6,009-6,248.

"This indicates a potential for bullish continuation in the JCI movement, so that the index has the opportunity to head to the resistance level," Nafan said in his research.

Meanwhile, an analyst at PT Reliance Sekuritas Indonesia Tbk (RELI), Lanjar Nafi Taulat Ibrahimsyah, said that the JCI movement in today's trade is predicted to experience limited strengthening.

Technically, said Lanjar, it is estimated that the move is limited to the next trade, with support-resistance at the level of 6,070-6,150.

So, in the midst of the limited potential for strengthening in the JCI movement, Lanjar offered a number of shares that could be observed by market players, namely PT HM Samperna Tbk (HMSP), PT Indofood Sukses Makmur Tbk (INDF), PT Japfa Comfeed Tbk (JPFA), PT Lippo Cikarang Tbk (LPKR), PT Matahari Department Store Tbk (LPPF), PT Semen Baturaja Tbk (SMBR), and PT Sarana Menara Nusantara Tbk (TOWR).