JAKARTA - The Composite Stock Price Index (JCI) has the potential to test the level of 6,350-6,400 in today's trading, Wednesday, August 5, after yesterday closed up 1.37 percent to 6,319.6.
The property sector recorded the largest increase (2.72 percent), while the non-primary consumer goods sector experienced the largest correction (0.1 percent). The index remained in positive territory despite oil prices rising more than 2 percent after Iran denied negotiating with the US.
However, the rupiah closed down 0.17 percent at Rp18,027 per US dollar. Investors will look forward to Indonesia's economic growth data which according to consensus is expected to slow to 5.1 percent YoY in the second quarter of 2026 from 5.6 percent YoY in the first quarter of 2026 on Wednesday, August 5
Phintraco Sekuritas in its research explained that technically, there was an expansion of the positive MACD histogram, accompanied by the continuation of the Stochastic RSI reversal in the pivot area.
"So it is estimated that the JCI will test the resistance at the level of 6,350-6,400," wrote Phintraco Sekuritas.
Meanwhile, BRI Danareksa Sekuritas recommends five stocks for today's trading, namely JGLE, RANS, ESTI, PADA, and CNMA.
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)
Most Popular Tags
#Prabowo Subianto #donald trump #Febrie Adriansyah #8791 #giias 2026Popular
