JCI Potentially Continue To Increase Thursday

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  • TEMPO.CO, Jakarta- The Stock price index (JCI) continued to strengthen and immediately soared 1.37%, up 57.96 points to 4295.70 at the opening trade on Thursday, August 27.

    Asjaya Indosurya Securities expects the stock price index (JCI) in trading Thursday, August 27 to moving in the range between 4,111 and 4,349.

    Asjaya Indosurya Securities Head of Research William Surya Wijaya said the JCI seeks to sustain a move above the support level of 4,111.

    Resistance target is at the level of 4,349, as the nearest resistance level to be penetrated to reinforce the JCI increase pattern.

    William said the upward strength have not increased significantly, and is still overshadowed by capital outflow.

    "But the pressure that occurs at this time looks very limited, the JCI [Thursday] still has the potential to continue strengthening," William said in his research.

    Asjaya Indosurya Securities said shares trading on the menu Thursday are JSMR, EXCL, TLKM, PWON, BBNI, INDF.