Based on a technical analysis, the index tends to weaken within the range of 4,115-4,150 today. Stocks recommended for investors include ADRO, MAPI, BBKP, and BJBR.
In today’s trading, the index has potential to see a correction and to move within the 4,108-4,174 range. ENRG and BHIT are among the stocks worth paying more attention to watch.
Yesterday, the index closed down 0.68%, or 28.29 points, to 4,145.83 with 12 million lots of shares in transaction volume, valuing at IDR5.7 trillion. Out of total stocks traded on Indonesia Stock Exchange, 109 stocks strengthened, 131 stocks weakened, 87 remained unchanged, and the remaining 126 stocks weren’t traded at all.
Disclosure: No position at the stock mentioned above.
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