In yesterday's trading, JCI had broken through level of
6,500 and closed up 0.41% to the level of 6,486.
Based on 3-month trading data, foreign market players
have recorded a net buy of IDR 11.07 Trillion, by making
their largest net buys on stocks of BBRI, BBCA, TLKM, ASII,
BMRI and UNTR.
JCI closed higher with a bullish candle. The stochastic
indicator is still consolidating the overbought area, MACD
histogram is moving positive but down (bullish line) and
volume is down. If it is able to move bullish again, there is
a chance to retest the resistance levels at the range of
6,506 - 6,514. If JCI moves bearish or fails to break up to
6,504, JCI is expected to be able to go down first to
support at the range of 6,436 – 6,460.
- The energy crisis that occurs in various countries is
getting worse. This makes world crude oil prices
continue to soar. The benchmark global crude oil
price of the United States, West Texas
Intermediate (WTI), has even penetrated the level
of 80 US dollars per barrel. When compared to the
same period last year, WTI crude oil prices have
strengthened almost 100 percent.
Macro Economic News
- The number of people claiming
unemployment benefits in the UK declined
by 51.1 thousand in September of 2021
following a 58.6 thousand fall in August.
- Car Registrations in Indonesia increased to
83319 in August from 66639 in July of 2021.
- The number of job openings in the US
dropped by 659,000 from a month earlier to
10.439 million in August 2021, from an alltime high of 11.098 million and below
market expectations of 10.925 million.
- PT Astra International Tbk (ASII) recorded growth in automotive sales in the January-September 2021
period. ASII managed to record 343,837 car sales from the January-September 2021 period. Realization
of these sales increased 78.87% from the same period the previous year which was 192,217 units.
- PT Medco Energi Internasional Tbk (MEDC) said it had received dividends from its subsidiary, PT Medco
Power Indonesia (MPI) of IDR 35,052,174,500
- PT Adira Dinamika Multi Finance Tbk (ADMF) delivered new financing distributions of IDR 11.8 trillion
in the first semester of 2021. managed in that period reached IDR 40.1 trillion. Total new motorcycle
financing ADMF in 6M21 amounted to IDR 5.2 trillion, up 11% YoY.
PT Kiwoom Sekuritas Indonesia (KSI)
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