JCI has the potential to consolidate, see Indosurya Sekuritas recommendations below.



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Bisnis.com, JAKARTA – The Composite Stock Price Index (IHSG) has the potential to consolidate in trading tomorrow Tuesday (12/22/2020).

On Monday (12/21), the Jakarta Composite Index (IHSG) stood at 6,165.62 at the end of trading, down 1 percent or 61.30 points. During the day, the index moved within a range of 6,119.92-6,195.15.

Today’s trading volume was recorded at 27.12 billion shares worth 20.1 trillion IDR. Foreign investors posted a net selloff (net sale) worth 133.08 billion IDR today.

A total of 308 stocks were observed to strengthen, while 190 stocks fell and 139 stocks were unchanged today.

Indosurya Bersinar Sekuritas Director William Surya Wijaya said the JCI move appeared to shift the consolidation range in a better direction.

“However, before the Christmas holidays, the consolidation movement of the index still has the potential to move within a reasonable range,” William said in the investigation received. Deal, Monday (12/21).

William said sentiment over the fluctuation of the rupee exchange rate and commodity prices will continue to overshadow JCI’s move going forward.

For Tuesday’s trade, he estimates that JCI will move in the 5,945 – 6,202 range.

Meanwhile, a number of stocks worth keeping in mind for tomorrow’s trading include ITMG, INDF, ICBP, TBIG, AKRA, ERAA, and WIKA.

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