JAKARTA - The Composite Stock Price Index (JCI) is projected to strengthen in today's trading, Thursday, November 27, after yesterday setting an all-time high, aka all-time high (ATH). JCI managed to touch a new psychological level at 8,600.
In trading last Wednesday, the JCI closed up 0.94 percent to the level of 8,602.13. One of the strengthening was driven by the increase in DSSA shares, which rose 3.54 percent throughout the day.
Phintraco Sekuritas in his research explained technically, the JCI lasted above MA5 and MA20 and was closed above the psychological level of 8,600.
The MACD indicator is also still forming a positive slope widening so that the JCI still has the potential to continue strengthening testing resistance at 8,650, "explained Phintraco Sekuritas.
The strengthening of the JCI is also in line with other regional exchanges. For example, the Japanese stock exchange index, namely Nikkei225, which closed up 1.85 percent.
The strengthening also occurred in the Taiwanese stock index which closed up 1.85 percent. Meanwhile, the Shanghai Composite index closed trading by weakening 0.15 percent.
Even so, from the region came sentiment from Taiwan. Where, Taiwan will increase its defense budget by 1.25 trillion Taiwan dollars as China accelerates military preparations near the island.
BACA JUGA:
"This is estimated to have the potential to increase political tensions in the Asian region, following a diplomatic dispute between China and Japan over Taiwan," explained Phintraco Sekuritas.
The stocks recommended by Phintraco Sekuritas today are INTP, ARCI, CDIA, SMGR, and PNLF.
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)
