JAKARTA - The Composite Stock Price Index (JCI) is projected to weaken due to the Chinese import rate policy to the United States (US) echoed by President Donald Trump today, Monday, October 13.
Phintraco Sekuritas in its research said that the escalation of this trade war could also trigger significant supply chain disruptions, especially for the technology, electric and defense industries.
The reason is, the US also plans to control the export of important software it makes starting November 1, 2025.
"That way, the JCI is projected to move in the support area of 8,100 and resistance 8,300 today. Investors will also pay close attention to trade, inflation and banking activities in China and the release of performance in the third quarter of Wall Street," explained Phintraco Sekuritas.
From Europe, investors will also listen to data on the production of the Euro Area industry, inflation, the German ZEW sentiment index, as well as data on the UK labor market and GDP.
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From domestic, investors will pay close attention to Foreign Direct Investment data in the third quarter of 2025.
The stocks recommended by Phintraco Sekuritas today are PT Bumi Serpong Damai Tbk (BSDE), PT Blue Bird Tbk (BIRD), PT Chandra Daya Investasi Tbk (CDIA), PT Gajah Tunggal Tbk (GJTL), PT Paper Factory Tjiwi Kimia Tbk (TKIM), and PT Trimegah Bangun Persada Tbk (NCKL).
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