JAKARTA - The Jakarta Composite Index (JCI) on Monday, July 12, moved higher in the morning despite the sentiment of soaring COVID-19 cases in the country. Based on VOI monitoring at 09.07 WIB, the JCI rose 0.44 percent or 26 points to 6,066.46.
A total of 232 stocks rose, 130 stocks fell, and 171 stocks were stagnant. Trading volume was recorded at 896.939 million shares with a transaction value of Rp848.70 billion.
According to PT Indosurya Bersinar Sekuritas analyst William Suryawijaya, the JCI movement in today's trading is expected to remain under pressure, with the support-resistance range at 5,913-6,123 levels.
The top three stocks that rose the most this morning were PT Primarindo Asia Infrastructure Tbk with a 17 percent gain, PT Bank Sinarmas Tbk with a 12.86 percent gain, and PT Kimia Farma Tbk with a 12.06 percent increase.
"The movement of the JCI seems unable to move out of the range of reasonable consolidation. Capital inflow does not appear to be growing significantly, coupled with the slowing down of the economic cycle," William said in his research.
He said, as long as the nearest support level can be maintained, HSG still has a chance to return to its short-term uptrend.
"Today the JCI has the potential to be under pressure again," said William.
He further said that the JCI rate which will be depressed again can be responded by investors by collecting shares of TLKM, BBCA, ICBP, GGRM, ITMG, LSIP and SMGR.
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)
Most Popular Tags
#Flood #hasyim asy'ari #election 2024 #European Cup 2024 #america cup 2024Popular
