There Is A Potential For JCI To Reach 6,900 On Thursday, Check Out Recommended Stocks

Illustration. (Photo: Doc. Antara)

JAKARTA - The movement of the Composite Stock Price Index (JCI) still has the potential to reach 6,900 on Thursday 9 November trading in line with the potential for an increase in big caps shares. However, the JCI is at risk of being depressed by the global stock exchange awaiting the Fed's speech. The CEO of Yugen Bertumbuh Sekuritas said that the JCI movement pattern was still seen in the range of reasonable consolidation amid the lack of sentiment from within the country and from the region. However, commodity price fluctuations and rupiah exchange rate movements are one of the factors that can affect the JCI movement pattern in the short term. In addition, the fact that the capital outflow is still significant so far has contributed to negative sentiment for the JCI movement. This Thursday, the JCI is at risk of being depressed in the range of 6,754-6,923.

The recommendations for shares are the choice of BBCA, JSMR, TLKM, TBIG, UNVR, HMSP, GGRM, ITMG, KLBF. For information, the JCI weakened to 6,804.10 at the close of trading on Wednesday, November 8. Along with the weakening of the index, shares of issuers of big caps, MDKA, PGEO and PTRO were observed to have fallen this afternoon.