JCI Friday Is Projected To Continue Weakening, These Are Recommended Shares

Illustration. (Photo: Doc. Antara)

JAKARTA - The movement of the Composite Stock Price Index (JCI) risks continuing its weakening in trading today, Friday, December 2, due to corrections to a number of big caps, such as GOTO shares.

Yugen Bertumbuh Sekuritas CEO William Surya Wijaya said the JCI movement at the weekend would still tend to move sideways. The fluctuation of the rupiah exchange rate will still overshadow the JCI movement.

"However, in the medium to long term, the JCI still has the potential for an increase so that reasonable correction opportunities can still be used by investors to accumulate purchases for stocks that have strong fundamentals and high liquidity," he said in the research.

Today, William predicts that JCI tends to weaken in the range of 7,011-7,157. The recommendations for its choice are ASII, ITMG, INDF, AALI, AKRA, SMGR, TBIG, SMRA.

Yesterday, Thursday, December 1, the JCI closed down 0.85 percent or 60.51 points to the level of 7,020.8. Throughout the JCI trade, it moved in the range of 7,018.26 to 7,090.27.