Market Review (Session 1)
In session 1, JCI closed negative 0.24% to the level
of 6,011.73.
Retail sales in Indonesia dropped by 2.9 percent
year-on-year in July 2021, reversing sharply from a
2.5 percent rise a month earlier.
Market Prediction (Session 2)
JCI : The index closed down with a bearish candle.
JCI had strengthened touching the resistance, then
was unable to hold on and continued its decline. JCI
is expected to continue its decline to our support
flow at the range of 5.958 – 5.985.
- INKP : Price closed in correction and still above
support II. The price still has a chance to
strengthen if it closed above support.
Confirmation to buy is wait for bullish return
and breakup to level of 7,950. Be careful if the
price goes down below support level or the
next candle is bearish again.
- MIKA : Price closed in correction and is still in
our buying range. The price still has a chance
to strengthen if it closed above support.
Confirmation to buy is wait for bullish return
and breakup to level of 2,400. Be careful if the
price goes down below support level.
- MLPL : Price closed in correction and still at
support II. The price still has a chance to
strengthen if it closed above support.
Confirmation to buy is wait for bullish return
and breakup to level of 535. Be careful if the
price goes down below support level.
- PTBA : The price closed higher with a bullish
candle. Prices are still likely to continue
strengthening. The closest will be a test level
2.340 to be able to continue the bullish trend.
Be careful if the price goes down below
support level or closed in bearish candle again.
News
- PT Mandom Indonesia Tbk (TCID) recorded net
sales of IDR 846.05 billion in the first semester
of 2021. This number decreased by 15.12%
compared to TCID's net sales in the first
semester of 2020 of IDR 996.77 billion.
- PT Lippo Karawaci Tbk. (LPKR) raised its
marketing sales target in 2021 to IDR 4.2
trillion from the previous IDR 3.5 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
