JCI At The Beginning Of The Week Opened Slightly Weaker By 4.11 Points To The Level Of 4,876.25

Indonesia Stock Exchange Building. (Angga Nugraha / VOI)

JAKARTA - The Composite Stock Price Index (JCI) opened slightly lower on Monday, June 15 trading. JCI opened lower by 0.08 percent or 4.11 points to 4,876.25 levels.

Opening trades, 24 stocks rose, 30 stocks fell, and 28 stocks remained unchanged. The trading volume was recorded at 11.01 million shares and was traded for IDR 6.82 trillion.

Even though it opened down, Binaartha Sekuritas analyst M. Nafan Aji Gusta Utama predicts that the JCI today will move higher.

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

Based on the results of the analysis, in the resistance area, the index moves at the level of 4,975 to 5,097. Meanwhile, the support area is in the range of 4,778 to 4717 levels.

As for a number of share recommendations that can be considered by investors, including PT Adaro Energy Tbk (ADRO), PT Aneka Tambang (Persero) Tbk (ANTM), PT Estika Tata Tiara Tbk (BEEF), PT Bank Jabar Tbk (BJBR), PT Bumi Serpong Damai Tbk (BSDE).

A similar estimate was conveyed by PT Reliance Sekuritas Indonesia Tbk analyst, Lanjar Nafi, who said that technically the JCI rate indicated that there would be further strengthening earlier this week.

He said that technically, the signal for further strengthening at the beginning of the week was quite strong. "The range of support-resistance is at the level of 4,746-4,950," he said.

So, according to Lanjar, opportunities for further strengthening in the JCI today can be exploited by market players by collecting shares of PT Ace Hardwere Tbk (ACES), PT AKR Corporindo Tbk (AKRA), PT Aneka Tambang (Persero) Tbk (ANTM), PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), and PT Telekomunikasi Indonesia (Persero) Tbk (TLKM).