JCI Is Projected To Weaken On Thursday, This Is Stock Recommendation From Analysts

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JAKARTA - The movement of the Composite Stock Price Index (JCI) today, Thursday, November 25, is projected to tend to weaken after yesterday in positive territory with an increase of 0.08 percent or 5.40 points and parking at the level of 6,683.28.

Artha Sekuritas analyst Dennies Christopher Jordan said that in yesterday's trading, investors were still taking profit-taking and tended to wait and see. According to Dennies, this action is related to the anticipation of the release of several economic data from the United States that will affect the Fed's policy in the near term.

As for today's trading, Dennis predicts the JCI will weaken. He explained that technically the JCI is still in a short-term consolidation trend with a tendency to weaken.

Then, according to him, JCI is also supported by a widening stochastic after forming a dead cross around the overbought area.

"Investors will pay close attention to the release of some economic data from the United States which is expected to have an impact on the Fed's policy in the short term," Dennies wrote in his daily research.

According to Dennies, the stocks that can be observed are PT Wijaya Karya Tbk (WIKA) and PT Barito Pacific Tbk (BRPT).