Market Review (Session 1)
In session 1, JCI closed negative 0.18% to the level of
6,098.88.
Market Prediction (Session 2)
JCI : The index closed down by forming a doji candle.
JCI is still expected to tend to move sideways in our
support flow area.
- ASSA : The price managed to touch the second
target at 3,160 (+6.04%), the highest at 3,180
+(6.71%) and closed at 3,070 (3%). The price still
has a chance to continue strengthening if it does
not return to a bearish candle. Ideally the price
stays abovelevel 2,940 to maintain the upward
trend. Be careful if it closes and turns into a
bearish candle or breakdown below support at
2,940.
- BKSL : The price touched the first target at 70
(+2.94%). The price still closed higher with a
bullish candle. The price still has a chance to
continue strengthening if it does not return to a
bearish candle. Confirmation for further
strengthening if the price is able to breakup to
level 70. Be careful if it closes and turns into a
bearish candle or went down below support.
- FREN : The price crossed the 1st target at 129 and
closed at 130 (+4%). The price still has a chance
to continue strengthening if it does not return to
a bearish candle or closed below support. Be
careful if it closes and turns into a bearish candle
or went down below support.
- RALS : Price closed stagnant with a bearish
candle. The price still has a chance to strengthen
ifit closed above support. Confirmation to buy is
wait for bullish return and breakup to level 680.
Be careful if the price closed below support level.
News
- PT Radiant Utama Interinsco Tbk (RUIS) has
secured new contracts of around IDR 331 billion
as of July 2021 since the beginning of this year.
This figure is approximately equivalent to 33.10%
of the minimum target of obtaining new
contracts for the 2021 financial year which is
around IDR 1 trillion.
- The plan of PT Alumindo Light Metal Industry
(ALMI) to hold a private placement is threatened.
It follows that the approval of the shareholders
has not been obtained.
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
