Market Review (Session 1)

In session 1, JCI closed with negative 0.19% at level of 6,289.42

Market Prediction (Session 2)

JCI: The index opened a gap up and formed a bearish candle. If the index is unable to return to level 6,290, JCI could continue to decline towards current support flow.

• DOID: The price managed to hit the target at 450 and the highest was at 458 (+4.56%). But after touching the target and the price unable to hold above it and closed in bearish candle. If the nearest, it go down below level 438 , the price can return to the nearest support. Buyback is allowed when it touches support and the price is able to be bullish.

• MAIN: The price was corrected first and is still in our buy range. The price still have the opportunity to strengthen if in the near future it maintain above support level. If the support level breaks down, the price can test the support at level of 750. Even if it goes down as long as it doesn't fall back below level 750, the price is still in a safe condition and continues the upward trend.

• RALS: The price only touches the first target at 840 and the highest at 845 (+2.42%). The price after touching the first target, it unable to hold above it and closed a bearish candle. If the support level breaks down, the price can return to the next support at 765. We suggest may buyback when after touching support level at 765, the price is able back to bullish.

• SCMA: The price was corrected first and is still in our buy range. The price still have the opportunity to strengthen if in the near future it can hold above support level. We suggest to be careful if the price can't maintain above support level, because it can continue the downward trend with the next target of support at 1,610.

News

• During 2020, PT Indofood CBP Sukses Makmur Tbk (ICBP) pocketed the current year's profit attributable to the owners of the parent company, growing 31% to Rp 6.59 trillion from Rp 5.04 trillion in the previous year.

• During 2020, PT Indofood Sukses Makmur Tbk (INDF) posted a profit for the year attributable to the owners of the parent entity, increasing by 32% to Rp6.46 trillion from Rp 4.91 trillion.

PT Kiwoom Sekuritas Indonesia (KSI)

Treasury Tower 27th Floor Unit A, District 8 Kawasan SCBD Lot 28

Jl.Jend.Sudirman Kav 52-53, Jakarta Selatan 12190

Telp : +62 21 5010 5800

Fax. +62 21 5010 5820

Website : www.kiwoom.co.id