This Is The JCI Projection At The End Of The Week, Check Out The Recommended Stocks

Illustration. (Photo: Doc. Antara)

JAKARTA - The Composite Stock Price Index (JCI) closed up 1.34 percent or 96.853 points to the level of 7,321.071 at the end of trading on Thursday, July 18. Then what about the JCI projection today, Friday 19 July?

MNC Sekuritas analyst Herditya Wicaksana estimates that the JCI will move tends to sideways with support at 7,288 and resistance at 7,330.

"The movement of the JCI is expected to be influenced by the movement of commodity prices and the Rupiah exchange rate," he explained.

Apart from, he said, the JCI was also influenced by the release of US work data.

So seeing this, Herditya recommended to pay close attention to the Indonesian Tugu Pratama Insurance (TUGU) shares with a target price of IDR 1,185 IDR 1,215, PT Mandiri Herindo Adiperkasa Tbk (MAHA) with a target price of IDR 200 - IDR 208 and PT Ace Hardware Indonesia (ACES) with a target price of IDR 840 - IDR 870.