JCI Opens Strengthened, Analyst Recommends Mitra Keluarga Hospital Shares

Indonesia Stock Exchange Building. (Angga Nugraha / VOI)

JAKARTA - The Jakarta Composite Index (JCI) opened in the green zone on Monday, September 21 trading. JCI was opened slightly higher 0.11 percent or 5.33 points to the level of 5.064.55.

Opening the trade, 133 stocks rose, 45 stocks fell, and 162 stocks remained unchanged. The trading volume was recorded at 195.83 million shares and was transacted for IDR 95.06 billion.

Binaartha Sekuritas analyst, M. Nafan Aji Gusta Utama, said that the JCI movement in trading earlier this week had the opportunity to continue the process of increasing, after last Friday closed up 0.41 percent to the level of 5.059.

He said. technically there are indications of strengthening in the JCI movement, so that the index has the opportunity to go to the closest resistance level.

"JCI is trying to maintain the nearest support level at 4,975, while the resistance target to be reached is at the level of 5,097," Nafan said in his research.

Now, in the midst of the potential for further strengthening of the JCI in today's trading, Nafan is offering a number of shares that can be played by market players, namely PT Lippo Cikarang Tbk (LPCK), PT Mitra Keluarga Kary Advisor Tbk (MIKA), PT Summarecon Agung Tbk (SMRA), PT Wika Gedung Tbk (WEGE), and PT Waskita Beton Precast Tbk (WSBP).

Meanwhile, according to the analyst of PT Indosurya Bersinar Sekuritas, William Suryawijaya, in today's trading, JCI will move limited in a tendency to strengthen.

"The support-resistance range is at the level of 5,002-5,123," he said.

However, he explained, the JCI movement would still be influenced by negative sentiment regarding fluctuations in the rupiah exchange rate against the US dollar and continued capital outflows.

"Today JCI has the potential to move within a limited range," he said.

Thus, according to William, the limited movement at the JCI rate earlier this week could be responded to by investors by collecting shares of PT Alam Sutera Realty Tbk (ASRI), PT Telekomunikasi Indonesia (Persero) Tbk (TLKM), PT AKR Corporindo Tbk (AKRA), PT Jasa Marga (Persero) Tbk (JSMR), PT Summarecon Agung Tbk (SMRA), PT Kalbe Farma Tbk (KLBF), PT Indofood Sukses Makmur Tbk (INDF), and PT Bank Rakyat Indonesia (Persero) Tbk (BBRI).