The Jakarta Composite Index in today's trading on Tuesday (22/6) has the opportunity to continue the technical rebound by testing the range of 6,030-6,050.

"A number of developments in efforts to deal with Covid-19 in Indonesia have become a positive catalyst for the JCI," said Phintraco Sekuritas analyst Valdy Kurniawan in his research.

Regarding efforts to reduce the transmission of Covid-19, the Indonesian government implemented a micro PPKM tightening from June 22, 2021, to July 5, 2021. On the other hand, the risk factors that overshadowed the JCI were the development of the number of new cases of Covid-19 in Indonesia and the potential weakening of the Rupiah exchange rate in response to the speech from the New York Federal Reserve President, John Williams, on Tuesday morning Indonesia Time (22/6).

Therefore, Valdy said market participants could consider defensive stocks, such as ICBP, INDF, UNVR, JPFA, MYOR.