How Is The JCI Movement This Week? This Is A Sector That Can Be Observed

Illustration. (Photo: Doc. Antara)

JAKARTA - Associate Director of Research and Investment of Pilarmas Investindo Maximilianus Nico Demus observed that IDX SMC Liquid's constituents in the coal mining, energy commodities, banking, and non-cyclical consumer sectors are promising.

He recommends AALI, ASSA, BTPS, EXCL, HRUM, INDY, ITMG, LSIP, MEDC, PTBA, and SIDO for trading options.

"Although the second tier, we see these stocks have good potential, moreover these stocks are also supported by good and strong fundamentals," he said in his research, quoted Monday, September 19.

The Indonesia Stock Exchange (IDX) trading data for the period 12-16 September 2022 was closed varied. The increase occurred in the average transaction value on the IDX this week, which was 33.82 percent to IDR 20.45 trillion from IDR 15.28 trillion last week.

Then, the average daily transaction frequency of the Exchange last week also increased by 8.51 percent to 1,579,486 transactions from 1,455,548 transactions in the previous week.

Meanwhile, the average daily transaction volume of the Exchange experienced a 9.05 percent change to 31.94 billion shares from 35.12 billion shares in the previous week.

JCI fell 1.02 percent to 7,168,870 from 7,242,656 at the close of last week. The stock exchange market capitalization decreased 0.38 percent to IDR 9,426.531 trillion from IDR 9,462.813 trillion last week.