Market Review (Session 1)

In session 1, JCI closed negative 0.50% to the level of 6,662.03

Market Prediction (Session 2)

JCI : The index closed lower according to our scenario, which will strengthen first and then weaken. Currently, JCI is at support II. If unable to hold above support, the decline could continue.

• ASII : The price closed at 5,650 (-2.16%) and still in support II area. The price still has a chance to strengthen as long as it closed above support II. Confirmation for further strengthening if it returns to bullish or it can break up to 5,775. Be careful if the price closed below support level.
• BMRI : The price closed at 7,025 (-2.09%) and is still in the support II area. The price still has a chance to strengthen as long as it closed above support II. Confirmation for further strengthening if it returns to bullish or it can break up to 7,175. Be careful if the price closed below support level.
• JPFA : The price closed at 1,735 (-0.85%) and is still in the buying range. The price still has a chance to strengthen as long as it closed above support. Confirmation for further strengthening if it returns to bullish or it can break up to 1,765. Be careful if the price closed below support level.
• PWON : The price closed at 470 (-2.08%) and is still in the support II area. The price still has a chance to strengthen as long as it closed above support II. Confirmation for further strengthening if it returns to bullish or it can break up to 480. Be careful if the price closed below support level.

News.

• Fitch Ratings assigns a long-term national rating of AAA with a stable outlook to PT XL Axiata Tbk. (EXCL).

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