JCI Thursday Chasing The Highest Level, Check Out Stock Recommendations

Illustration. (Photo: Doc. Antara)

JAKARTA - The Composite Stock Price Index (JCI) recorded a new all time high (ATH) at the level of 7,672.29 in yesterday's trading, Wednesday, August 28. JCI rose 0.80 percent or 60.99 points to 7,658.87.

Phintraco Sekuritas in his research said that technically the JCI managed to penetrate the strong resist level at the level of 7,600, which was validated by the positive widening of the MACD slope.

"Thus, we expect the JCI to try to test its next resistance level at 7,700 on Thursday," explained Phintraco Sekuritas.

Sentiment dari Eropa, pasar menanti rilisran data final consumer confidence untuk Agustus, yang diperkirakan akan sedikit turun ke level 13.40 dari 13.00 pada bulan Juli.

"This decline shows a slowdown in household consumption that occurs in the European region. In Germany, it will release inflation data in early August, with a projection of down to 2.1 percent YoY from 2.30 percent YoY in July," he said.

Meanwhile, from the United States, the market is looking forward to the release of a second-quarter GDP growth rate estimate, which is predicted to improve from 1.40 percent in the first quarter to 2.80 percent.

This data improvement shows that the economic condition in the United States is still solid. In addition, the market will also observe the release of initial jobless claims data, which is estimated to remain stable at the level of 232 thousand.

The top stocks of shares from Phintraco Sekuritas for today, namely PT Bank Central Asia Tbk (BBCA), PT Bank Negara Indonesia (BBNI), PT Mitra Adiperkasa Tbk (MAPI), PT Barito Pacific Tbk (BRPT) and PT Merdeka Battery Materials Tbk (MBMA).