JCI Thursday Potentially Continues To Strengthen, These Three Stocks Are Recommended

Illustration. (Photo: Doc. Antara)

JAKARTA - The Composite Stock Price Index (JCI) has the potential to continue to strengthen in today's trading, Thursday, October 9. Mirae Sekuritas in his research said that the JCI was still in an uptrend trend after experiencing minor consolidation.

"Technically, MA20 and MA60 tend to strengthen, while RSI indicators show a positive signal. JCI support areas are at 8,153 and 8,097, with resistance at 8,199 and 8,245," explained Mirae Sekuritas.

Mirae Sekuritas recommends an accumulate selected stocking with solid prospects strategy, implementing buy on dip strategy, realizing profit when needed, and discipline in risk management.

Domestically, the release of the consumer confidence index as of September, which is expected to rise to level 200, is a short-term positive sentiment for the market.

Consumer confidence in domestic economic conditions is still maintained, while the World Bank increases Indonesia's economic growth projection by 2025 from 4.7% to 4.8%.

From external, the global market awaits the Fed's decision at the end of October 2025 to cut interest rates by 25 basis points, following the weakening of US labor market data and world gold prices of close to US$4,000 per ounce.

The stocks recommended by Mirae Sekuritas today are ARCI, UNVR, and WIIM.