Today, JCI Moves Predicted Varies at 6,562-6,628

By : Abraham Sihombing And Aldo Bella Putra | Friday, February 23 2018 - 22:00 IWST

PT Unilever Indonesia (Foto Dok
PT Unilever Indonesia (Foto Dok - Jakarta - Movement Composite Stock Price Index (CSPI) is predicted to vary in trading Friday (23/02/2018) after a decline in trading on the previous day. The range of movement is in position 6,562-6,628.

"Yesterday, JCI fell 0.8% to 6,593 so it is now under the support target of 6,624-6,632," said Reza Priyambada, anaiis PT Binaartha Parama Sekuritas, in Jakarta, Friday (23/02/2018).

Reza said, IHSG in trading today is in a downward trend. Because the rampant selling and indicators that indicate a downward trend is expected to be a benchmark for market participants to trade on this day,

Reza said, the movement of the JCI varied and tend to weaken it should continue to watch out because the continuation of profit taking action (profit taking) can hamper the rise of IHSG forward.

Reza revealed that the potential for further weakening of JCI in trading today can be used by market participants to observe shares of PT Indah Kiat Pulp & Paper Tbk (INKP), PT Adaro Energy Tbk (ADRO), PT Buyung Poetra Sembada Tbk (HOKI) PT Indo Tambangraya Megah Tbk (ITMG) and PT Unilever Indonesia Tbk (UNVR). (Abraham Sihombing)

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