JCI Seen Weakening on Global Sentiment


The Jakarta Composite Index at the opening of trading on Tuesday (18/5) has the opportunity to be corrected by moving to the support level of 5,787 and resistance at 5,877

"It seems that trading on the Indonesia Stock Exchange has the opportunity to be depressed and sluggish again as a result of the combination of the Dow Jones index fall and the fall in commodity prices such as coal and palm oil amid the return of 10-year US bond yields to 1.64%," said the head of research MNC Sekuritas Edwin Sebayang in Jakarta.

He added that the forecast for the rise in victims of COVID-19 after the long holiday and the lockdown in several neighboring countries gave negative sentiment to the index.

For shares that deserve to be considered in today's trade include PT Putra Rajawali Kencana Tbk (PURA), PT Telkom Indonesia Tbk (TLKM), PT Bank Central Asia Tbk (BBCA) and PT Bank Mandiri Tbk (BMRI).


Penulis : Widya