Market Review (Session 1)

In session 1, JCI closed with negative 0.60% at level of 5,980.70

Market Prediction (Session 2)

JCI: The index closed down with a bearish candle and moves in our support flow. If the support flow is broken down, it probably will continue to the gap area at the range of 5,944 - 5,962.

• AKRA: The price closed down with a bearish candle and had strengthened to the level of 3,310 (+1.84%) or below the first target. Because the price is unable to close the bullish candle, the price will test the support level first.
• ASII: The prices is still moving in a positive trend and still has the opportunity to strengthen if it is able to be closed by a bullish candle. If later closed in the bearish candle, there is an indication that it will be corrected towards the support. The price still has the potential to continue the upward trend as long as it does not move back below level of 5,350.
• MEDC: The price only touches the first target at 620 (+2.47%) and is closed with a bearish candle. The price is still in our buy range and still has the chance to strengthen if in the near future the price maintain above support level.
• SIMP: The price is still corrected and is still in our buying range. The price still has the opportunity to strengthen and continue the upward trend if it is able to stay above the support level. We suggest to be careful in case of it breakdown below support level. The price can return to the downward trend in the short term.

News

• During the first quarter of 2021, PT BFI Finance Indonesia (BFIN) recorded a net profit of IDR261.43 billion. Lower than the same period in 2020 amounting to IDR 347.81 billion.
• PT Bank Maspion Indonesia (BMAS) throughout 2020 posted a net profit for the year of Rp.66.99 billion. Profits grew 12.1 percent on a year-on-year basis from the same period in 2019, which was recorded at IDR 59.75 billion.

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