Research
18 April 2024 NEW!
Wall Street fell in bunches at the close of trading on Wednesday (17/4/2024) with the N...
Research
17 April 2024
The S&P500 and NASDAQ closed slightly lower on Tuesday (16/04/24), while the DJIA final...
19 July 2021
Over the past week, JCI managed to gain 0.5%; supported by foreign net buys worth IDR1.8 trillion. The market will pay close attention to the plan to extend the Emergency PPKM period and evaluate the implementation of the policy. At the beginning of the week, JCI has a chance for a technical correction in the range of 5,950 - 6,130.
16 July 2021
From the domestic market, the increase in big cap stocks accompanied by foreign net buys managed to lift the JCI. The market received positive sentiment from the continued accommodative policy of the Fed and the June Trade Balance surplus which reached USD 1.32 billion. Towards the end of the week, JCI will tend to move in a more confined manner to the consolidation range of 5,950 - 6,130.
15 July 2021
Domestically, JCI declined again amid the increase in the daily number of Covid-19 cases; which is feared will cause an economic slowdown. BPS will release trade balance data for the period of June; which is estimated to still experience a surplus in line with export growth. Technically, JCI will try to rebound with a range of movement at 5,950 - 6,130.
14 July 2021
Domestically, JCI's movement rate was halted amid plans to extend the emergency PPKM to 6 weeks. Investors also responded negatively to the 2021 economic growth revision from the Ministry of Finance and Bank Indonesia. Technically, JCI will try to stay above the psychological level of 6,000; with a projected daily range of 5,950 - 6,130.
13 July 2021
In line with the majority of global exchanges, JCI managed to start the week with a strengthening; supported by foreign net buy of IDR 872 billion. Continuing effort to handle the Covid-19 pandemic is still a positive catalyst for stocks in the health sector. For today, JCI will try to maintain gains in a higher range at 6,026-6,134.
