Economic Data Overshadows JCI Movement


Jakarta - The Jakarta Composite Index (JCI) in trading Tuesday (11/8) was overshadowed by the release of Indonesia's macroeconomic data, which is still performing well.

"The Central Statistics Agency (BPS) noted that the economy for the period July 2022 to September 2022 grew 5.72% on an annual basis. This is higher than the growth in the second quarter of 2022 which was 5.44% on an annual basis, and surpassed the achievement in the same quarter of the previous year of 3.51% on an annual basis," said Head of Research Jasa Utama Capital Sekuritas Cheryl Tanuwijaya in his research.

According to him, the JCI can strengthen in the 7,100–7,170 range. Investors can observe BRMS, INCO, LSIP, INDF, and TINS stocks for today's trading.


Penulis : Widya