Market Review (Session 1)

In session 1, JCI closed positive 0.12% to the level of 6,611.45.

Market Prediction (Session 2)

JCI : The index managed to strengthen with a bearish candle. JCI will still tend to move sideways in the area of the previous candle.

• AKRA : The price closed 4.320 (+0.69%) and still in a positive trend. The price still has a chance to strengthen as long as it stays above support. Confirmation for the next strengthening signal if it breaks up to 4.330. Be careful if the price closed below support level.
• DGIK : The price managed to pass the second target at 206 (+9.6%), the highest was at 224 (+19.14%) and closed at 216 (+14.89%). The next benchmark support is at 198. The next target is at 234. For further strengthening, if the price holds above level 198 and does not fall below it in the near term. Be careful if the price closed below support at level 198.
• EMTK : The price managed to touch the first target of 2,130 (+2.89%), the highest was at 2,140 (+3.38%) and closed at 2,110 (+1.93%). The price still has a chance to strengthen as long as it stays above support and ideally the price should stay above 2,100. Confirmation for further strengthening if the price is bullish again or breaks up to2,100. Be careful if the price closed below support level.
• KAEF : The price managed to touch the first target of 2.650 (+3.92%) and closed at 2.570 (+0.78%). The price still has a chance to strengthen as long as it stays above support. Confirmation for further strengthening if the price is bullish again or breaks up to 2,600. Be careful if the price closed below support level.

News.

• PT Medco Energi Internasional Tbk (MEDC) makes a deal to acquire conocophilips assets. (CIHL) of Phillips International Investment Inc., which is a subsidiary of ConocoPhillips (COP) (Transaction). CIHL holds 100% stake in ConocoPhillips (Grissik) Ltd (CPGL) and 35% stake in Transasia Pipeline Company Pvt. Ltd. (.Transasia.). CPGL is the Operator of the Corridor PSC with a 54% working interest.
• WIKA aspal has CPHMA products wika asic supports hole-free sumsel program 2022. In collaboration with BUMD PT Sumsel Energi Gemilang and the South Sumatra PUPR Service, WIKA Aspal poured 90 tons of WIKA ASIC in the road patch trial process which will last for three days.

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