JCI is predicted to weaken, this is today’s stock recommendation (2/12)

ILLUSTRATION. JCI is predicted to continue weakening with today’s stock recommendation from MNC Sekuritas

Reporter: Anna Suci Perwitasari | Editor: Anna Suci Perwitasari

KONTAN.CO.ID – JAKARTA. The Composite Stock Price Index (IHSG) is predicted to continue to weaken today (1/12).

Head of research at MNC Sekuritas Edwin Sebayang explained, the JCI has the potential to slightly weaken as global stock markets are also under pressure. See, the DJIA which corrected 0.91% and EIDO fell 4.06% at the close of trading in the previous session.

In addition, the prices of a number of commodities also weakened earlier this week. “The only commodity whose price has strengthened in the monitoring is coal,” he said, Tuesday (12/1).

Also Read: JCI has the opportunity for a technical rebound today, pay attention to the following analyst recommendations

Edwin also sees that this has the potential to raise shares under coal commodities such as ITMG, ADRO, PTBA, HRUM, INDY and UNTR.

For today, he also recommended buy on weakness (BoW) against ITMG, BRIS, JSMR, ADHI, LSIP, HRUM, GGRM, BBRI, AKRA stocks.

Edwin also guessed that JCI will move in the range 5,560-5,648 on Tuesday (1/12) trading.