JCI At The Beginning Of The Week Opened Slightly Stronger 0.10 Percent To The Level Of 4,639.45

Indonesia Stock Exchange Building. (Angga Nugraha / VOI)

JAKARTA - The Jakarta Composite Index (JCI) opened higher in trading at the beginning of the week, Monday, April 20. JCI opened slightly higher 0.10 percent to 4,639.45 levels.

Opening the trade, there were 30 stocks rose, 17 stocks fell, and 24 stocks were stagnant. The trading volume was recorded at 47.27 million shares and was transacted for IDR 15.05 billion.

Binaartha Sekuritas analyst, M. Nafan Aji Gusta Utama, projects that today the JCI will move higher based on technical analysis.

"This indicates a further strengthening of the JCI movement so that it has the opportunity to go to the nearest resistance area," he said.

He predicts that the JCI resistance area today will be at the level of 4,747 and 4,975. Meanwhile, the first and second support areas are predicted to be at 4,569 and 4,443 levels.

The shares he recommended for today's trade include, PT Aneka Tambang Tbk (ANTM), PT Bank Mandiri Tbk (BMRI), PT Bumi Serpong Damai Tbk (BSDE), PT Charoen Pokphand Indonesia Tbk (CPIN), PT Indofood Sukses Makmur Tbk (INDF) and PT Indo Tambangraya Megah Tbk (ITMG).

This morning, stocks that were among the top gainers included, PT HK Metals Utama Tbk (HKMU) which rose 8.70 percent to Rp100, PT Delta Dunia Makmur Tbk (DOID) which rose 6.47 percent to Rp148, and PT Bank Rakyat Indonesia Agroniaga Tbk (AGRO) which strengthened 3.88 percent to Rp107.

Meanwhile, stocks that are in the top losers include PT Envy Technologies Indonesia Tbk (ENVY) which fell 6.49 percent to Rp173, PT Eastparc Hotel Tbk (EAST) which fell 6.45 percent to Rp58, and PT Terregra Asia. Energy Tbk (TGRA), which fell 5.33 percent to Rp71.