JCI Opens Strengthened To 5,176.76 Level, Look At Gudang Garam And Sampoerna Shares

Indonesia Stock Exchange Building. (Angga Nugraha / VOI)

JAKARTA - The Jakarta Composite Index (JCI) opened in the green zone on trading Tuesday, September 15. JCI opened higher by 0.29 percent or 14.94 points to 5,176.76 levels.

Opening the trade, 115 stocks rose, 19 stocks fell, and 101 stocks were stagnant. The trading volume was recorded at 119.93 million shares and was transacted for IDR 82.15 billion.

JCI movement in today's trading has the opportunity to continue the upward trend, after yesterday holding back in the green zone and ending up 2.89 percent to the level of 5,161.

According to PT Binaartha Parama Sekuritas analyst, Muhammad Nafan Aji Gusta Utama, technically it indicates the potential for further strengthening in the JCI movement, so that the index has the opportunity to go to the nearest resistance level.

"JCI has the first and second support levels at 5,097 and 4,975 positions, while the first target resistance is at 5,233 levels and the second resistance is 5,293," Nafan said in his research.

Now, in the midst of the potential for further strengthening of the JCI today, Nafan is offering a number of shares that market players can observe, namely PT Gudang Garam Tbk (GGRM), PT XL Axiata Tbk (EXCL), PT HM Sampoerna Tbk (HMSP), PT Indocement Tunggal Prakarsa Tbk (INTP), and PT Pakuwon Jati Tbk (PWON).

A similar estimate was conveyed by PT Reliance Sekuritas analyst, Lanjar Nafi. He said the JCI movement would continue the strengthening process towards the resistance target at the level of 5,290.

Technically, according to Lanjar, JCI movement has the potential to strengthen, with support-resistance at 5,145-5,240 levels, "said Lanjar.

Thus, explained Lanjar, today's JCI movement that will remain in positive territory can be utilized by investors by collecting shares of PT Aneka Tambang Tbk (ANTM), PT Astra International Tbk (ASII), PT Bank Tabungan Negara (Persero) Tbk (BBTN), PT Bank Mandiri (Persero) Tbk (BMRI), and PT Perusahaan Gas Negara (Persero) Tbk (PGAS).