29 OCTOBER STOCK EXCHANGE: Before the end of trading, JCI weakened by 0.31%



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29 OCTOBER STOCK EXCHANGE: Before the end of trading, JCI weakened by 0.31%
Employees spend close to the Composite Price Index (CSPI) on the Indonesian stock market, Jakarta, Tuesday (10/16/2018). – JIBI / Nurul Hidayat

Bisnis.com, JAKARTA – The JCI movement is expected to return to a positive level in today 's trade.

Binaartha Sekuritas anticipates that JCI will continue to strengthen and move towards the Resistance Zone.

Analyst Muhammad Nafan Aji Gusta said the rising bar was visible, indicating a potential for strengthening the JCI movement.

He explained that, based on Bloomberg's daily pivots, the first and second carriers range from 5,732,490 to 5,732,490.

At the same time, the first and second resistances range from 5,801,045 to 5,817,168.

On the basis of the indicators, the MACD always forms a golden cross pattern in the negative zone. Meanwhile, Stochastic and RSI are in neutral areas.

Indosurya Sekuritas estimates that JCI rose earlier this week with a move from 5,711 to 5,988 levels.

Vice President of Research, William Surya Wijaya, said the beginning of the last week of the first month of the fourth quarter was still visible in the JCI movement chart, which had the opportunity to continue the increase in middle term.

He explained that, of course, he was supported by economic fundamentals and the release of third quarter issuers' performance data, which continued to emerge and showed many improvements. The stable exchange rate also gave a positive feeling to the JCI movement.

William said that although the potential pressure on commodity prices will still be felt in the future,

Here are the movements of JCI live on Bisnis.com

15:42 WIB

The Composite Price Index (CSPI) lost 5.767%, down 17.88 points.

13:54 WIB

The Composite Price Index (CSPI) fell 0.26% or 15.22 points to 5,769.71 at the start of trading session II.

12:09 WIB

The movement of the Composite Equity Price Index (CSPI) fell 0.25% or 14.59 points to 5,770.33 at the end of today's session. Monday, 10/29/2018.

11:37 WIB

The movement of the Composite Equity Price Index (CSPI) fell 0.11% or 6.59 points to 5,778.33 levels at the end of the first trading session today, Monday. (10/29/2018).

10:10 WIB

The movement of the Composite Equity Price Index (CSPI) turned to the red zone and fell 0.02% or 1.27 points to 5,783.65 trading points on Monday morning ( 10/29/2018).

09:04 WIB

The movement of the Composite Equity Price Index (CSPI) opened up 0.07% or 4 points to 5,788.92 points at the trading session of today, Monday. (10.29.2018).

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