KIWOOM EQUITY LUNCH RESEARCH OCTOBER 21, 2021
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21 Oct 2021

Market Review (Session 1)

In session 1, JCI closed negative 0.06% to the level of 6,652.08.


Market Prediction (Session 2)

JCI : The index closed slightly lower and the movement was quite fluctuated. JCI had touched or broken down to the first support flow and managed to get back up from its lowest level. JCI will still tend to move sideways.

  • • ASII : The price closed in correction and still at support II. The price still has a chance to strengthen if it is able to stay above the support or. Confirmation for the next buy signal if it is bullish again or it can break up to 6.275. Be careful if the price goes down below support level.
  • PGAS : The price closed in correction 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 1.560. Be careful if the price goes down below support level.
  • SAME : The price closed in correction and is still in the buying range. The price still has a chance to strengthen if it is able to stay above the support. Confirm buy signal if bullish again or can break 496. Be careful if the price goes down below support level.
  • TINS : The price closed in correction 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 1.755. Be careful if the price goes down below support level.


News

  • PT Pembangunan Perumahan Tbk (PTPP) until September 2021 recorded a new contract of IDR 13.48 trillion. The achievement of the new contract was recorded to grow 14.62% year on year (yoy). However, this achievement is still far below the company's target of IDR 30.1 trillion this year.
  • PT Metropolitan Land Tbk (MTLA) until September 2021 has pocketed around IDR 1.3 trillion. Consisting of marketing sales of IDR 1.07 trillion and recurring income of IDR 230 billion. This achievement is equivalent to 81.25% of the IDR 1.6 trillion target that MTLA wants to achieve this year.

 




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