JAKARTA - The movement of the Composite Stock Price Index (JCI) is predicted to tend to be depressed even though there is still a chance for it to strengthen at the level of 6.872 to 7.137 in today's trading, Thursday, October 13.
PT Indosurya Bersinar Sekuritas CEO William Surya Wijaya said the JCI is predicted to consolidate as long as the nearest support level can be maintained amid ongoing pressure.
"If the support level persists, investors can use the momentum of pressure to make accumulated purchases with long-term targets," said Willliam in his research.
For information, at the close of trading on Wednesday, the JCI experienced a slight decline of 0.43 percent which brought it to the level of 6.909.21. Throughout yesterday's trading, the JCI moved in the range of 6.870.28 to 6.990.59. A total of 144 stocks rose, 415 stocks fell and 28 stocks moved in place.
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The stocks that William Surya Wijaya recommends for today are PT Bank Central Asia Tbk (BBCA), PT Indo Tambangraya Megah Tbk (ITMG), PT Gudang Garam Tbk (GGRM) and PT Telkom Indonesia (TLKM).
Then there is PT AKR Corporindo Tbk. (AKRA), PT Unilever Indonesia Tbk. (UNVR), PT Bank Negara Indonesia Tbk (BBNI) and PT Jasa Marga Tbk (JSMR).
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