Market Review (Session 1)
In session 1, JCI closed negative 0.55% to the level of
6,589.35.
Indonesia's trade surplus widened to USD 4.37 billion
in September of 2021 from USD 2.39 billion in the
same month of the previous year and above market
consensus of USD 3.84 billion.
Market Prediction (Session 2)
JCI : The index closed down with a bearish candle. JCI
had strengthened to the level of 6,680 and failed to
maintain the positive trend. JCI is expected to
continue its decline to the next support at 6,552.
- INCO : The price closed down and is still in our
buying range. The price still has the opportunity
to continue the strengthening trend as long as it
maintain above support. Confirmation for the
next buy signal if it is bullish again or it can break
up to 5,125 again. Be careful if the price goes
down below support level.
- INDF : The price closed down and is still in the
buying range. The price still has the opportunity
to continue the strengthening trend as long as it
maintain above support. Confirmation for the
next buy signal if it is bullish again or it can break
up to 6,900 again. Be careful if the price goes
down below support level.
- PNBN :The price closed down and still in our
buying range. The price still has the opportunity
to continue the strengthening trend as long as it
maintain above support. Confirmation for the
next buy signal if it is bullish again or it can break
up to 830. Be careful if the price goes down
below support level.
- TINS : The price touched the first target of 1,745
(+2.3%). The price still has the opportunity to
continue the strengthening trend as long as it
maintain above support. Confirmation for the
next buy signal if it is bullish again or it can break
up to 1,745 again. Be careful if the price goes
down below support level.
News
- Krakatau Sarana Infrastruktur (KSI) until
September 2021 recorded a profit of IDR 367
billion. Then, the sales figure collected was Rp.
2.8 trillion. Soared 16.6 percent compared to the
same period last year Rp. 2.4 trillion. KSI is a
Subholding of PT Krakatau Steel (KRAS) formed
in 2021.
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
