JAKARTA - The movement of the Composite Stock Price Index (JCI) is predicted to tend to strengthen in today's trading, Friday, October 21.
CEO of PT Indosurya Bersinar Sekuritas William Surya Wijaya said the JCI's green position seemed to be able to survive with the release of economic data that showed better results. The increase that occurred in the JCI movement pattern has succeeded in reducing the range of consolidation to a better direction.
"The seriousness of the increase will appear if in the next few days the JCI is still able to close above the resistance level in a row," he explained in his research.
Yesterday, the JCI experienced a bullish of 1.7 percent or 116.23 points which brought it to park at the level of 6,980.65. JCI moved in the range of 6,847.53 - 6,986.2. with 350 stocks rising, 196 stocks weakening, and 158 stocks stagnant.
Along with the strengthened JCI predictions, William Surya Wijaya also recommended shares of issuers PT Bank Central Asia Tbk (BBCA), PT Indo Tambangraya Megah Tbk (ITMG), PT Telkom Indonesia Tbk (TLKM), and PT Bank Negara Indonesia Tbk (BBNI).
Then PT Semen Indonesia Tbk (SMGR), PT Gudang Garam Tbk (GGRM), PT Astra Agro Lestari Tbk (AALI), and PT Alam Sutera Realty Tbk (ASRI).
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