Surge in Covid-19 Cases Overshadows Stronger JCI


The Jakarta Composite Index at the beginning of the week is predicted to strengthen by moving at the support level of 5,970 and resistance at 6,061

"Trading earlier this week on Monday, the JCI may continue to strengthen as there is quite a lot of positive sentiment in the market referring to the close of last week. Starting from the Dow Jones index rising 0.44%, EIDO rising 2.17% and strengthening prices for several commodities such as stone. coal, gold, CPO, Nickel and tin, these are positive sentiments," said Director of MNC Asset Management Edwin Sebayang in Jakarta.

The movement of the JCI, added Edwin, was overshadowed by the active cases of COVID-19 in Indonesia, which continued to experience a significant increase, which on Sunday (4/7) increased by 13,551 people, bringing the total active cases today to 295,228, the highest during the Indonesian pandemic.

The stocks that deserve attention in today's trading include INDF, AGII, ADR


Penulis : Widya