Sinarmas Securities: JCI moved mixed today

JAKARTA -- After yesterday ended in the red zone, Composite Stock Price Index (CSPI) is today expected to move mixed. In trading on Monday (23/3) index closed down 5.96 points (0.11%) to a level of 5437.09. Foreign investors are still recorded a net selling value of Rp 394 billion.

In yesterday's trading as well, various stock sectors of industry experienced the highest increase of 0.49%. Then followed the sector mining stocks rose 0.38%. While stocks agribusiness sector dropped to 1.73%.

Eddy Wijaya Sinarmas Securities Analysts predict if today the rate of JCI will nergerak mixed with supoort level resisitance 5416 and 5464.

He reviewing of sentiment that will affect the rate of such index, America will release data on existing home sales are expected to rise to 1.7%. Not only that, Japan will release data on manufacturing PMI Flash which also rose to 51.7.

While the European market which will release data on manufacturing PMI Flash. The data is expected to rise 0.55 to 51.55 level. Not forgetting Eddy also provide some stock recommendations are considered today among others, BIRD, SILO, AKRA, and CTRA.

Comments