JCI End Of Week Implementation It Is Estimated That The Pressed Cenderung Influences The Global Exchange

Illustration. (Photo: Doc. Antara)

JAKARTA - The movement of the Composite Stock Price Index (JCI) is estimated to still tend to be depressed in weekend trading, Friday, September 30, after yesterday closing at 7,036.19 or down 0.57 percent due to the decline in global exchanges. Sekuritas-growing Yugen CEO William Surya Wijaya Entering the weekend as well as the ninth month-end in 2022, the JCI is still seen in the range of consolidation with potential pressures that are still quite large. "However, before the release of data at the beginning of the month regarding inflation which is estimated to be still in a stable condition, it can provide positive sentiment on the JCI movement pattern for some time to come," William said in his research. According to him, the JCI has the potential to be depressed in the range of 6,998 - 7,236. The recommended shares of the choice are PWON, ASRI, TBIG, GGRM, EXCL, CTRA, HMSP, WTON. Artha Sekuritas analyst Dennies Christopher Jordan in his research explained that the JCI closed lower, driven by the rupiah currency which was still perched at the level of Rp. 15,200 per US dollar. On the other hand, the movement is still being suppressed by concerns about a higher interest rate increase next month. Dennis predicts the JCI will weaken again in today's trading. Technically, the candlestick formed a long black body with a stochastic in the oversold level area indicating potential weakness with a fairly limited range of weakening. Domestic movement is still being suppressed by the weakening of the rupiah exchange rate. Meanwhile, from the US, GDP's economic data and employment data will be released. Furthermore, Dennies estimates that the JCI will move at support levels of 6,952 and 6,994 and resistance at 7,106 and 7,176. Recommendations to the shares of his choice are BBCA, WIIM, RALS.