Monday, Jakarta Composite Index Opened Up 0.45 Percent To 4,516.29 Level

Indonesia Stock Exchange Building. (Angga Nugraha / VOI)

JAKARTA - The Jakarta Composite Index opened higher on Monday, April 26 trading. JCI opened higher by 0.45 percent or 20.23 points to the level of 4,516.29.

Opening trades, 33 stocks rose, 17 stocks fell, and 11 stocks were stagnant. The trading volume was recorded at 23.34 million shares and was transacted for IDR 5.83 billion.

However, Binaartha Sekuritas analyst Nafan Aji Gusta Utama also assessed that the JCI today will move in the red zone. "There is a potential for further weakening in the JCI movement so that it has the opportunity to go to the support area," he said.

Based on his analysis, the first and second support areas have a range at the levels of 4,443 to 4,318. Meanwhile, the first and second resistance areas have a range at 4,569 to 4,747.

As for a number of share recommendations that can be considered by investors, including PT Bank Mandiri (BMRI), PT Charoen Pokphand Indonesia (CPIN), PT Erajaya Swasembada (ERAA), PT Indika Energy (INDY), PT Indo Tambangraya Megah (ITMG), PT Japfa Comfeed Indonesia (JPFA).

This morning, stocks that were among the top gainers included, PT Kapuas Prima Coal Tbk (ZINC) which rose 5.04 percent to IDR146, PT Bank Negara Indonesia (Persero) Tbk (BBNI) which gained 3.16 percent to become Rp3,920, and PT Adaro Energy Tbk (ADRO) which strengthened 2.86 percent to Rp900.

Meanwhile, stocks that are in the top losers ranks, including PT Puradelta Lestari Tbk (DMAS) which fell 6.94 percent to Rp.161, PT Envy Technologies Indonesia Tbk (ENVY) which fell 6.87 percent to Rp122, and PT Bank Regional Development of West Java and Banten Tbk (BJBR) which weakened 6.56 percent to Rp855.