JCI Seen to Strengthen as Aug FX Reserves Data Eyed


Jakarta – The Jakarta Composite Index (JCI), in today's trading on Tuesday (7/9), has the potential to strengthen.

CEO of PT Indosurya Bersinar Sekuritas William Surya Wijaya said the JCI movement pattern still looks to have considerable upward strength. If the JCI movement stays above the nearest resistance level, the index can strengthen its short-term uptrend pattern.

"Meanwhile, sentiment ahead of the release of economic data on foreign exchange reserves today, is allegedly still in a controlled condition, contributing to positive sentiment towards the JCI movement," he said in his research.

William estimates that the JCI has the potential to move higher in a limited range with a range of 5,969 – 6,202.

The stocks that can be observed include UNVR, AALI, ICBP, ASII, JSMR, TBIG, AKRA.


Penulis : Widya