Today, the Composite Stock Price Index is Predicted to Move around the Range of 5,760-6,002

By : Abraham Sihombing And Aldo Bella Putra | Friday, May 11 2018 - 14:00 IWST

PT Indofood Sukses Makmur Tbk (INDF (Foto Istimewa)
PT Indofood Sukses Makmur Tbk (INDF (Foto Istimewa)

INDUSTRY co.idJakarta - Jakarta Composite Stock Price Index (BEI) is predicted to rise in the range of 5,760-6,002 on Friday trading (11/05/2018), after trading two days earlier to rise to position 5,907.
"JCI today tends to maintain the support point of 5,760. The index movement in this short week is still visible how deep the consolidation range is reasonable, "William Suryawijaya, an analyst at PT Indosurya Bersinar Sekuritas, said in Jakarta on Friday (5/11/2018).
Meanwhile, according to William, resistance level 6.002 seems to be achievable in the near future. JCI's efforts to break the point of resettlement are supported by stable domestic economic fundamentals at the moment.
William said, with the JCI's efforts to maintain the upward trend in trading today, then it can be used by market participants to accumulate stocks of their choice.
William himself advised market players to observe various stock price movements, namely PT Bank Negara Indonesia Tbk (BBNI), PT HM Sampoerna Tbk (HMSP), PT Jasa Marga Tbk (JSMR) and PT Telkomunikasi Indonesia Tbk (TLKM).
"In addition, they are also asked to observe the shares of PT Indofood CBP Sukses Makmur Tbk (ICBP), PT Pakuwon Jati Tbk (PWON), PT Bank Jatim Tbk (BJTM), PT Indofood Sukses Makmur Tbk (INDF) and PT Bank Central Asia Tbk (BBCA), "added William. (Abraham Sihombing)

News Comment

Today's Industry

One of Apartments offered by Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

Senin, 09 Juni 2025 - 14:22 WIB

Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

Savyavasa, a luxury residential development by Swire Properties and JSI Group under PT Jantra Swarna Dipta, in collaboration with Permata Bank, presents a new solution for foreign nationals…

President Prabowo in Thailand

Rabu, 21 Mei 2025 - 10:09 WIB

Indonesia, Thailand Sign MoU on Health Sector, Focusing on Global Capacity, Collaboration

As a part of President Prabowo Subianto’s official visit to Thailand, both countries signed a Memorandum of Understanding (MoU) on health sector, in an effort to strengthen bilateral cooperation…

President Prabowo in Thailand

Rabu, 21 Mei 2025 - 10:06 WIB

Indonesia, Thailand Deepen Cooperation on Security, Trade, and Regional Stability

resident Prabowo Subianto has reaffirmed Indonesia’s strong commitment to deepening bilateral relations with Thailand during the meeting with Thailand’s Prime Minister Paetongtarn Shinawatra…

SD Darmono CEO Jababeka Group with Boediman Widjaja CEO JOE Green Group

Selasa, 20 Mei 2025 - 12:44 WIB

Boediman Widjaja's Technology Ready to be Adopted in Jababeka Industrial Estate (KIJA)

In an exclusive seminar entitled "A Great Step: Boediman Widjaja Story - Going from Indonesia, Thriving in Singapore" held at the President Lounge, Menara Batavia, Boediman Widjaja, Founder…

A total of 55 health professionals who participated in the Binawan Europe program, in the form of international career development scholarships in Austria. (Photo: The Public Relations of Binawan University)

Jumat, 02 Mei 2025 - 10:46 WIB

Binawan and Government Support Indonesian Nurses in Europe through Scholarships

In the midst of the viral #KaburAjaDulu hashtag as a symbol of the young generation's disappointment with domestic working conditions, Binawan responded with real action: dispatching Indonesian…