JCI Seen to Move in Limited Range


Jakarta – The Jakarta Composite Index (JCI) is expected to trade in a narrow range on Thursday (26/8), with support at 5,872 and resistance at 6,123.

According to PT Indosurya Bersinar Sekuritas CEO William Surya Wijaya, the JCI movement pattern attempted to change the consolidation range in a more favorable direction.

Additionally, volatility in commodity prices and the rupiah exchange rate influenced public perception of the JCI movement pattern.

"However, if the JCI is unable to maintain above the nearest resistance level, the JCI is still in a consolidation phase with the potential for significant pressure," he writes in his research.

UNVR, AALI, SMGR, ASII, and ITM were among the stocks that investors can monitor.


Penulis : Widya