JAKARTA - The Composite Stock Price Index (JCI) is projected to be corrected again in today's trading, Tuesday, January 7, after weakening 1.17 percent or 83.955 points to the level of 7,080.474.
Phintraco Sekuritas in his research saw the JCI pullback after a resistance test of 7.180 on Monday.
"There has been a positive narrowing of the slope in MACD and the Stochastic RSI indicator has the potential for a death cross, so the JCI has the potential to support 7,000 tests on Tuesday," explained Phintraco Sekuritas.
Investors awaits the release of US trade balance data in November 2024 on Tuesday. The US trade balance deficit is expected to increase to USD 77.5 billion in November from USD 73.8 billion in October.
In contrast, the US service sector index (ISM Services PMI) is expected to increase to 53.5 in December compared to 52.1 in November.
From the European Region, early inflation in Germany in December 2024 is estimated to increase by 20 bps to 2.4 percent YoY from 2.2 percent YoY in November. With initial core inflation remained the same as in November, which was 2.7 percent YoY.
SEE ALSO:
-
| EKONOMI
Celios: PPN jadi 12 Persen Bakal Berdampak pada Kinerja E-commerce
19 Desember 2024, 20:44 -
| EKONOMI
Pengusaha Beberkan Sejumlah Penghambat Pertumbuhan Ekonomi Indonesia
19 Desember 2024, 20:33
This condition can reflect prices that tend to be stable accompanied by increased demand.
The choice of shares from Phintraco Sekuritas for today's trading, namely CPIN, TAPG, ARTO, JSMR, and TLKM.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
