Today, the Composite Stock Price Index is Predicted in the Range of 5,721-5,988
By : Abraham Sihombing And Aldo Bella Putra | Monday, July 30 2018 - 13:30 IWST

PT Indofood Sukses Makmur Tbk (INDF (Foto Istimewa)
INDUSTRY.co.id - Jakarta - Jakarta Composite Stock Price Index (IDX) is expected to strengthen in the range of 5,721-5,988 in trading on Monday (30/07/2018). That's because it is underpinned by positive sentiment towards the positive performance of issuers throughout the first half of this year.
"Until the end of July 2018, JCI movement is expected to be supported by positive performance releases of various BEI issuers," said William Surya Wijaya, an analyst at PT Indosurya Bersinar Sekuritas, Monday (30/07/2018).
William suggests the performance of various issuers in the first half of 2018 is estimated to be quite stable, so that conditions can support the movement of JCI for how much time ahead.
In addition, according to William, market players are looking forward to the release of economic data in early August. This wait can also be one factor that helps determine the direction of future index movement.
Furthermore William said, market participants are asked to use the current conditions to accumulate their flagship stocks. Therefore, they are asked to observe the shares of PT HM Sampoerna Tbk (HMSP), PT Summarecon Agung Tbk (SMRA), PT Pakuwon Jati Tbk (PWON) and PT Indofood Sukses Makmur Tbk (INDF).
"However, PT Mayora Indah Tbk (MYOR), PT Telkom Indonesia Tbk (TLKM) shares, PT XL Axiata Tbk (EXCL), PT Wijaya Karya Tbk (WIKA), PT Bank Negara Indonesia Tbk (BBNI) and PT Nippon Indosari Corpindo Tbk (ROTI) is also good enough to accumulate buy, "said William. (Abraham Sihombing)
Today's Industry

Rabu, 04 Oktober 2023 - 09:50 WIB
Mrs. Iriana and OASE KIM Test the Whoosh Fast Train
Mrs. Iriana Joko Widodo together with a number of members of the Advanced Indonesian Cabinet Era Solidarity Action Organization (OASE KIM) left for West Java Province, on Tuesday (03/10/2023).

Rabu, 04 Oktober 2023 - 08:40 WIB
President Jokowi: Korpri is a big force that determines the nation's progress
Indonesian President Joko Widodo (Jokowi) emphasized that with 4.4 million members, the Indonesian Civil Service Corps (Korpri) is a major force determining the nation's progress.

Rabu, 04 Oktober 2023 - 07:15 WIB
Commemoration and Collaboration: 78 years of Indonesia’s Independence, 10 years of Indonesia-Viet Nam Strategic Partnership
Hanoi, Viet Nam - More than 500 guests, including government officials of Viet Nam and ambassadors, attended the commemoration of the 78th anniversary of the Independence Day of the Republic…

Rabu, 04 Oktober 2023 - 06:15 WIB
Thousands Attend, Enliven Establishment of Amigos de Indonesia in Colombia
Thousands attended the establishment of Amigos de Indonesia / Friends of Indonesia in Colombia, which began with the performance of the national anthem Indonesia Raya.

Selasa, 26 September 2023 - 07:45 WIB
ESSA Secures Gas Contract Extension for LPG Refinery
PT Surya Esa Perkasa Tbk. (ESSA: IJ), a publicly listed company engaged in the Energy and Chemical sectors through its LPG (Liquefied Petroleum Gas) refinery and Ammonia plant today (22/9) announced…
News Comment