JAKARTA - The movement of the Composite Stock Price Index (JCI) is projected to strengthen in today's trading, Friday, January 28, after yesterday closing trading in positive territory by strengthening 0.15 percent, so that the JCI parked at 6,611.16.
Artha Sekuritas analyst Dennies Christopher Jordan said the JCI closed higher yesterday after the Fed set interest rates at 0.25 percent.
"From within the country, there is a minimal sentiment on economic data. The movement is driven by rising commodity prices," said Dennies in his research.
As for today's trading, Dennis predicts the JCI will move higher. He explained, technically the movement will still be driven by rising commodity prices.
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"JCI moved with support at 6,572 and 6,591, as well as resistance at 6,628 and 6,646," he explained.
According to Dennies, a number of stocks to watch for today include PT PT PP (Persero) Tbk (PTPP), PT Media Nusantara Citra Tbk (MNCN), and PT Dharma Satya Nusantara Tbk (DSNG).
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