JAKARTA - The Composite Stock Price Index (JCI) is projected to strengthen again in today's trading, Friday, March 21, after yesterday's increase of 1.11 percent or 70 points to the level of 6,381.67.

In his research, Phintraco Sekuritas assessed that the market was still in the normalization phase after the decline in the JCI on Tuesday, March 18.

"OJK announced a drug in the form of a share buyback without a GMS, while the government is trying to restore the market through President Prabowo's meeting with stock investors in Indonesia," explained Phintraco Sekuritas.

Phitraco explained that the JCI for Friday has the opportunity to continue to reverse the small trend towards an upWARD (minor bullish reversal) with the next target in the range of levels of 6,450 - 6,470.

This still pays attention to the sentiment of the import tariff policy and the domestic conditions of new government policies and other political issues.

The stocks chosen by Phintraco Sekuritas for today's trading fell to Kalbe Farma (KLBF), Jasa Marga (JSMR), Astra International (ASII), Triputra Agro Persada (TAPG), and Raharja Energi Cepu (RATU).


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)

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