JAKARTA - The Composite Stock Price Index (JCI) is predicted to continue strengthening in today's trading, Thursday, February 17, after closing at 6,850.19 yesterday, or up 0.62 percent.

Artha Sekuritas analyst Dennies Christopher Jordan said yesterday the JCI closed higher in line with the strengthening of global stock markets driven by optimism after tensions between Russia and Ukraine began to subside.

"From within the country there is still minimal sentiment from economic data," said Dennies in his research.

JCI is predicted to strengthen in today's trading. Technically, the candlestick forms a higher high and a higher low with the MACD indicator moving in the accumulation trend indicating a potential strengthening.

"Investors will continue to monitor the tensions between Russia and Ukraine, which are starting to subside, and domestic investors will continue to monitor cases of COVID-19," said Dennies.

Furthermore, Dennies estimates that the JCI will move at support levels of 6,806 and 6,828 and resistance at 6,864 and 6,878. The stocks that Dennies recommends for trading today are PT Ciputra Development Tbk (CTRA), PT Media Nusantara Citra Tbk (MNCN), and PT Astra International Tbk (ASII).


The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)