JCI Is Projected To Weaken At The End Of The Week, Five Shares Are Recommended By Analysts

Illustration. (Photo: Doc. Antara)

JAKARTA - The Composite Stock Price Index (JCI) is projected to weaken in today's trading, Friday, November 14, after parking in the red zone yesterday, aka weakening 0.20 percent or 16.56 points to the level of 8,371.99.

Phintraco Sekuritas in his research said that the JCI closed lower yesterday after previously moving in positive territory. Industrial sector shares experienced the largest correction, while the energy sector shares posted the largest strengthening.

The majority of Asia's stock exchange index closed higher, driven by news of the end of the government shutdown in the US. US President Donald Trump has signed a funding bill into a bill to end the longest US government shutdown in US history.

Previously, this bill had received approval from the US House of Representatives with a vote of 222-209, before the shutdown entered its 43rd day.

Meanwhile, from China, there will be an industrial production data release in October on November 14 which is estimated to grow 5.8 percent year on year (YoY) from the previous 6.5 percent YoY in September 2025.

In addition, China's retail sales data for October will be released which is estimated to grow 2.2 percent YoY from 3 percent YoY in September 2025.

Technically, the JCI closed below the MA5 level yesterday and the Stochastic RSI indicator continued to weaken. The selling volume has increased.

"So, today's JCI has the potential to weaken to test support at 8,325-8,350 with resistance at 8,425," explained Phintraco Sekuritas.

The stocks recommended by Phintraco Sekuritas today are PNLF, ARCI, TINS, INDF, and BRMS.