JAKARTA - The Composite Stock Price Index (JCI) has the potential to continue its strengthening limited to today's trading, Monday, February 24, after last weekend's gain of 0.22 percent to 6,803.

Phintraco Sekuritas in his research said that technically the JCI was still in the minor bullish reversal phase, although it tended to be consolidated above 6,800.

"JCI is expected to try to get out of the consolidation area with the next psychological level test at 6,900 this week," explained Phintraco Sekuritas.

The focus of the market is expected to start switching to anticipate the announcement of dividends, especially issuers who routinely distribute large dividends or constituents of the IDX High Dividend20 index.

The reason is, domestic economic data tends to be quiet in the last week of February 2025. There will only be a release of credit growth data which is important macro data released on February 24, 2025.

As for stocks that investors can observe, according to Phintraco Sekuritas, including ASII, BBCA, BRPT, CPIN, INCO, AUTO and NCKL.


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)

Add VOI as a Preferred Source
Follow VOI news updates across Google.
+