Market Review (Session 1)

In session 1, JCI closed negative 0.01% to the level of 6,105.99

Market Prediction (Session 2)

JCI : The index closed slightly lower with a bearish candle. JCI is expected to fluctuate with a tendency to weaken.

• BABP : The price just touched the first target at 391 and the highest at 394 (+5.34%). The price is still likely to continue strengthening to the next target. Ideally the price should stay above level 380 to maintain the upward trend. Be careful if it fails to hold above level 380 and become bearish candle.
• HOKI : The price managed to touch the second target at 206 (+3.51%). The closest benchmark support is at 199. Ideally the price should stay above level 202, to maintain the upward trend. Be careful if the price can’t hold above level 202 and even breakdown below support.
• MARI : The price managed to touch the second target at 480 and the highest at 510 (+13.83%). The closest benchmark support is at 468. Ideally the price should stay above 468, to maintain the upward trend. Be careful if the price can’t hold above that level and instead move in the bearish candle.
• SMDR : The new price touched the first target at 690 and the highest at 695 (+3.73%). The price is still likely to continue strengthening to the next target. Ideally the price should stay above level 690 to maintain the upward trend. Be careful if it fails to hold above 680 and become bearish candle.

News

• PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO) posted a net profit attributable to owners of the parent entity of IDR 502.00 billion for the period June 30, 2021, up 21.31 percent from net profit of IDR 413.79 billion in the same period the previous year.
• PT Hotel Fitra Internasional Tbk (FITT) during the first six months of 2021 still bears a loss for the year attributable to the owner of the parent entity, which was recorded at IDR 3.81 billion, down from a loss of IDR 5.21 billion the previous year.

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