JCI Tuesday Has Another Correction, Check Out Stock Recommendations From Analysts

Illustration. (Photo: Doc. Antara)

JAKARTA - The movement of the Composite Stock Price Index (JCI) today, Tuesday, September 19, is predicted to be still under reasonable consolidation ahead of the Federal Open Market Committee (FOMC) The Fed which will take place this week.

Yesterday, Monday, September 18, the JCI closed down 0.67 percent or 46.70 points to the level of 6,936.08. A total of 184 stocks rose, 350 stocks fell, and 217 stocks moved on the spot.

Yugen-Growing Sekuritas CEO William Surya Wijaya said that the development of the JCI movement currently seems to be at a reasonable consolidation level. The opportunity for reasonable corrections in the midst of improving the performance of issuers is an opportunity that investors can take advantage of to accumulate purchases.

"JCI in the long term is still in the uptrend route, as well as economic conditions that are still in stable condition, as reflected in economic data that has been reported," he explained in the research.

William predicts JCI will move in the range of 6,889-7,023 on Tuesday 19 September trading. The recommendations for the choice of shares are UNVR, KLBF, TLKM, BBCA, TBIG, ASRI, PWON, HMSP, ICBP.