JCI Back Down, Friday Morning Opened At The Level Of 5,933.46

Illustration. (Photo: Unsplash)

JAKARTA - On the way back to the level of 6,000, the Jakarta Composite Index (IHSG) was helpless at the opening of trading on Friday, February 21 this morning. JCI fell 9.03 points or 0.2 percent to 5,933.46.

Opening today's trade, the LQ45 Index fell 2.59 points or 0.3 percent to 965.95, the Jakarta Islamic Index (JII) index fell 1.22 points or 0.2 percent to 632.56, and the IDX30 index fell 1, 43 points or 0.3 percent to 527.91.

Binaartha Sekuritas analyst, M. Nafan Aji Gusta Utama, assessed that JCI was corrected today based on technical analysis. "This indicates that there is a potential for a reasonable correction in the JCI movement so that it has the opportunity to go to the nearest support," he said.

The support area is located at the levels between 5,877 and 5,839. Meanwhile, the chance for resistance is in the range between 5,988 and 6,022.

As for a number of share recommendations that can be considered by investors, including shares of PT Astra Agro Lestari Tbk (AALI), PT Ace Hardware Indonesia Tbk (ACES), PT XL Axiata Tbk (EXCL), PT PP Presisi Tbk (PPRE), PT Timah Tbk (TINS) and PT Wijaya Karya Beton Tbk (WTON).

This morning, the stocks that entered the top gainers, namely PT Sentul City Tbk (BKSL) rose IDR2 or 2.85 percent to IDR54, shares of PT Bumi Resources Tbk (BUMI) rose IDR1 or 2 percent to IDR51 and shares of PT Bank Rakyat Indonesia Agroniaga Tbk (AGRO) increased by IDR 3 or 1.99 percent to IDR 154.

As for the stocks that entered the top losers, among others, the shares of PT Agro Yasa Lestari Tbk (AYLS) fell IDR 23 or 11.2 percent to IDR 181, shares of PT Charoen Pokphand Indonesia Tbk (CPIN) fell IDR 175 or 1.65 percent to IDR 6,675 and shares of PT Central Omega Resources Tbk (DKFT) fell Rp2 or 1.65 percent to Rp119.