JCI This Week Is Projected To Still Under Pressure Due To External Sentiment

Illustration. (Photo: Doc. Antara)

JAKARTA - The Composite Stock Price Index (JCI) is projected to remain under pressure. JCI slumped 1.98 percent to the level of 6,515.63 at the end of trading Friday, and fell 1.81 percent over the week.

Phintraco Sekuritas in its research predicts the JCI will fluctuate with a fairly wide range, which is in the range of 6,3706,630 earlier this week.

This projection is based on the high uncertainty or uncertainty risk of both external and internal factors.

Sentiment dari regional, China dijadwalkan rilis sejumlah data ekonomi penting. Salah satunya data penjualan retail yang diperkirakan naik ke 4 persen yoy di Februari 2025 dari 3,7 persen yoy di Januari 2025.

Previously, China's Foreign Direct Investment (FDI) realization fell 20.4 percent yoy in February 2025, far worse than the 13.40 percent yoy decline in January 2025.

This condition validates the Chinese Government's decision to start implementing the jumbo stimulus since the fourth quarter of 2024.

"China seeks to maximize domestic consumption to absorb China's domestic manufacturing and services," explained Phintraco Sekuritas.

Meanwhile, from within the country, the market anticipates data on the Indonesia Trade Balance (NPI) which is expected to be in surplus again in February 2025. This is estimated to be due to a decrease in imports and a decrease in export growth.