JAKARTA: Jakarta Composite Index (JCI) is to move sideways after it was closed slightly minus 0.23%. Negative sentiment regarding Greece bailout program sent the index to negative territory.
Reliance Securities predicts the index to move between 3,950-4,022 while stocks including TLKM, UNTR, and INDY are expected to continue their corrections.
Panin Sekuritas projects the index to move between support-resistance level at 3,970-4,028. Among the recommended stocks are JPFA, BJBR, ARTI and MDLN.
Meanwhile e-Trading Securities sees the index to possibly move between 3,963-4,028 with tendency to weaken. It recommends JPFA, BBTN and IMAS.
Minna Padi Investama predicts the index to swing between 3,967-4,040. It highlights an opportunity to buy on weakness for weakening blue chip stocks. It recommends BBRI, BBNI and HRUM. (NOM)
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