Market Review (Session 1)

In session 1, JCI closed positive 0.54% to the level of 6,121.54

Market Prediction (Session 2)

JCI : The index closed higher with a bullish candle or according to our initial prediction. There is still a chance for JCI to continue strengthening to our flow resistance at the range of 6,130 – 6,147.

• AKRA : The price just touched the first target at 3,570 (+2%) and turned lower with a bearish candle. If the price is able to move bullish again, there is still a chance to continue strengthening. If the price remains bearish, it can test support. Be careful if the price closed below support level.
• ASII : The price is still positive with a bearish candle. The price still has a chance to strengthen as long as the price maintain above support level. Ideally the price should test level 4,970 to continue the chance to strengthen. Be careful if the price closed below support level.
• BEKS : The price is still corrected and is still in our buying range. The price still has a chance to strengthen as long as it closed above the support. Confirmation to buy is wait for the price to be bullish again or break up to level 118 Be careful if the price closed below support level.
• HOKI: The price was closed by the breakdown of support at 206. If the price returns above the support level at 206, there is still a chance to strengthen again. If it does not return in the near future and the next candle is bearish again, the price may continue to fall.

News

• PT MNC Vision Networks (IPTV) in the first half of 2021 recorded a net profit of IDR 164.3 billion, up 31 percent from the same period in 2020 of IDR 125.8 billion. The net profit margin also rose to 8 percent compared to the same period in 2020 at around 7 percent.
• PT Waskita Karya Tbk (WSKT) managed to restore performance by recording a net profit of IDR 33.4 billion during the first semester of this year. This achievement is a very significant improvement, when compared to the net loss recorded by Waskita throughout last year of IDR 1.09 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