Fourth Level Restriction Overshadows JCI Movement


The Jakarta Composite Index (JCI) in today's trading, Thursday (29/7), was overshadowed by the impact of the 4th Level  Implementation of Community Activity Restrictions (PPKM).

PT Indosurya Bersinar Sekuritas CEO William Surya Wijaya said the development of the JCI movement was seen in the long-term consolidation phase.

"The JCI lacks positive sentiment that can lift its movement, while capital inflows do not appear to have increased significantly. The condition is still slowing the rotation of the economy, this is quite a challenge to be able to push the JCI up," he said in his research.

William predicts JCI will still be under pressure on Thursday (29/7). JCI will move at the level of 5,948 to 6,123.

The stocks that can be observed include ICBP, BMRI, BBCA, AALI, ROTI, TBIG.


Penulis : Widya