ILLUSTRATION. Employees pass in front of the Composite Stock Price Index (IHSG) screen at the Indonesia Stock Exchange, Jakarta, Monday (4/1/2021). BETWEEN PHOTOS / Sigid Kurniawan / hp.
Reporter: The first is blessed | Editor: Tendi Mahadi
KONTAN.CO.ID – JAKARTA. Composite Stock Price Index (IHSG) closed up 1.69% on Friday (8/1). The strengthening of the Indonesian stock market was driven by various industrial sectors which rose 4.56% and infrastructure which rose 3.08%.
This strengthening was driven by the inauguration of Joe Biden as president of the United States (US) and optimism about US fiscal stimulus. Artha Sekuritas analyst Dennies Christopher Jordan said the JCI is predicted to continue strengthening on Monday (11/1).
“Technically, there is still potential for strengthening to be supported stochastic which expand after shaping golden cross, “he explained.
Also Read: Donald Trump admits defeat, JCI is predicted to strengthen on Monday (11/1)
However, this strengthening still needs to be watched out for because there are concerns that investors will impose new, more stringent restrictions in Java-Bali during 11-25 January 2021. This is expected to reduce economic activity.
Dennies predicts the JCI will move in a range support 6,065-6,109 and resistance 6.177-6.201.
He advised investors to pay attention to stocks BBRI, PTPP dam MNCN on Monday (11/1) trading because technically it shows potential strengthening.
DONATION, Get Free Vouchers!
As an expression of gratitude for your attention, there are free vouchers worth donations that can be used shopping at HAPPY STORE.
– –
<!–
