JCI Has The Potential To Strengthen This Tuesday, This Is The Reason

Illustration. (Photo: Doc. Antara)

JAKARTA - The movement of the Composite Stock Price Index (JCI) has the potential to strengthen in today's trading, Tuesday, July 12, after yesterday's decline of 0.27 percent or 18.07 points to 6,722.14.

CEO of Yugen Bersinar Sekuritas, William Surya Wijaya, said the strengthening of the JCI today will be driven by a number of big cap stocks and the realization of high capital inflows from foreign investors.

"The capital inflow which is still quite large is recorded annually into the JCI this year, it still shows the interest of investors to invest in the Indonesian capital market," William said in his research.

In addition, said William, ahead of the release of data on issuers during the first half of 2022, which is predicted to be in an improving condition, is also one of the sentiments that can boost the JCI movement in the future.

Meanwhile, investors can continue to take advantage of the opportunity for pressure to make purchases with a long-term investment target. For today's trading, said William, the JCI has the potential to strengthen by moving in the range of 6,664 - 6,888 with selected stocks such as UNVR, JSMR, TBIG, BBCA, PWON, ASRI, AALI, LSIP and KLBF.