JCI In Early April Opened To Slightly Weaker 0.25 Percent To 4,527.80 Levels

Indonesia Stock Exchange Building. (Angga Nugraha / VOI)

JAKARTA - The Jakarta Composite Index (JCI) opened slightly lower on Wednesday, April 1 trading. JCI opened lower by 0.25 percent or 11.13 points to 4,527.80 levels.

Opening trading, as many as 38 stocks rose, 69 stocks fell, and 62 stocks were stagnant. Trading volume was recorded at 41.54 million shares and transacted for IDR17.80 billion.

Binaartha Sekuritas analyst M. Nafan Aji Gusta Utama predicts, JCI will be able to strengthen compared to yesterday's closing.

"There is a potential for further strengthening in the JCI movement so that it has the opportunity to go to the nearest resistance," Nafan said.

He predicts that the first and second resistance areas of the JCI will be in the range of the level of 4,697.67 to 4,883.15. Meanwhile, support levels will be in the range of 4,304.7 to 4,397.44.

This morning, stocks that entered the top gainers, namely shares of PT Steel Pipe Industry of Indonesia Tbk (ISSP) rose IDR 19 or 17.27 percent to IDR 129, shares of PT Ascet Indonusa Tbk (ACST) rose IDR 40 or 17.24 percent to IDR 272, and shares of PT Barito Pacific Tbk (BRPT) rose Rp. 60 or 8.28 percent to Rp. 785.

As for the stocks that entered the top losers, among others, the shares of PT Matahari Department Store Tbk (LPPF) fell IDR90 or 6.74 percent to IDR1,245, shares of PT Ramayana Lestari Sentosa Tbk (RALS) fell IDR18 or 3.86 percent to IDR448 , and shares of PT Metro Healthcare Indonesia TBk (CARE) fell IDR10 or 2.94 percent to IDR330.