JCI On Tuesday Opened Falling To Level 5,726.06

Illustration. (Photo: Unsplash)

JAKARTA - The Jakarta Composite Index (IHSG) is still in the red zone and fell at the opening of trading on Wednesday, February 26. JCI opened down 61 points or 1.05 percent to 5,726.06.

Opening trading today, there were 41 stocks rising, 121 stocks weakening, and 75 stocks stagnating. Trade transactions reached IDR 195.3 billion from 98 million shares traded.

However, Binaartha Sekuritas analyst Nafan Aji Gusta Utama predicts an increase in the JCI today based on his technical analysis. "There is a potential for a rebound in the JCI movement so that it has the opportunity to go to the nearest resistance," he said.

The JCI resistance area predicted by Nafan is in the range of 5,843 to 5,877, while the support area is in the range of 5,767 to 5,747.

The recommendations for shares on today's trade from Nafan include PT Bank Tabungan Negara (Persero) Tbk (BBTN), PT XL Axiata Tbk (EXCL), PT Garuda Indonesia (Persero) Tbk (GIAA), PT Japfa Comfeed Indonesia (JPFA), PT Perusahaan Gas Negara (Persero) Tbk (PGAS), PT Telekomunikasi Indonesia (Persero) Tbk (TLKM), PT Unilever Indonesia (UNVR), and PT Wijaya Karya (WIKA).

This morning, the stocks that entered the top gainers, namely PT Kobexindo Tractors Tbk (KOBX) rose IDR8 or 6.78 percent to IDR126, shares of PT Pelayaran Tamarin Samudra Tbk (TAMU) rose IDR7 or 6.5 percent to IDR114 and shares of PT Agro Yasa Lestari Tbk (AYLS) increased by IDR 4 or 5.8 percent to IDR 73.

As for the stocks that entered the top losers, among others, shares of PT Dewata Freightinternational Tbk (DEAL) fell IDR 8 or 4.42 percent to IDR 173, shares of PT Charoen Pokphand Indonesia Tbk (CPIN) fell IDR 225 or 3.53 percent to IDR 6,150 and shares of PT Barito Pacific Tbk (BRPT) fell IDR30 or 2.7 percent to IDR1,065.