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

Photo: Aris Nurjani/VOI

Rabu, 28 Februari 2024 - 12:47 WIB

Carsurin and NBRI Strengthen Strategic Alliance to Propel Indonesia’s EV Industry

PT Carsurin Tbk ("Carsurin") and the National Battery Research Institute ("NBRI") are pleased to announce the signing of a pivotal Strategic Alliance Agreement (SAA), marking a significant advancement…

Beras (Foto/Rizki Meirino)

Rabu, 21 Februari 2024 - 08:43 WIB

Gov’t to Continue Disbursing Rice Assistance

President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…

Ilustrasi pabrik beras. (Foto: DetikFood)

Rabu, 21 Februari 2024 - 08:40 WIB

Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan

The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Rabu, 21 Februari 2024 - 08:23 WIB

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Chairman of PT Jababeka Tbk (KIJA), Setyono Djuandi Darmono met the Minister of Youth and Sports of the Republic of Indonesia (Menpora RI) Dito Ariotedjo at the Kemenpora RI Office, Senayan,…

The Indonesian Embassy in Cairo Receives Aid for Palestine

Senin, 19 Februari 2024 - 17:39 WIB

The Indonesian Embassy in Cairo Receives Aid for Palestine

The Indonesian Embassy in Cairo welcomes the Radjiman Wedyodiningrat Warship (RJW-992) which arrived at the Al Arish Port, North Sinai Province of Egypt at 8.00 A.M. Cairo local time (13/02).…