Market Review (Session 1)

In session 1, JCI closed positive 0.23% to the level of 6,716.88

Indonesia's consumer confidence index inched down 0.2 points to 118.3 in December from 118.5 in the previous month.

Market Prediction (Session 2)

JCI : The index closed higher with a bullish candle. JCI still has a chance to go to the nearest resistance flow.

• AKRA : The price closed at 4,340 (+1.16%) and still in a positive trend. The price still has a chance to strengthen as long as it closed above support. Ideally it should stay above 4,340 to be able to continue to our target. Be careful if the price closed below support level.
• BBNI : The price closed at 7,100 (+0.35%) and still in a positive trend. The price still has a chance to strengthen as long as it closed above support. Ideally the price should stay above level 7,050 to be able to continue to our target. Be careful if the price closed below support level.
• JPFA : The price closed at 1,770 (-0.28%) and is still in the buying range. The price still has a chance to strengthen as long as it closed above support. Confirmation for the next strengthening if it can break up to 1,775. Be careful if the price closed below support level.
• PTPP : The price closed at 1,060 (-0.46%) and is still in the buying range. The price still has a chance to strengthen as long as it closed above support. Confirmation for the next strengthening if it can break up to 1,075. Be careful if the price closed below support level.

News.

• During the first nine months of 2021, PT Wicaksana Overseas International Tbk (WICO) had to be willing to accept a loss for the current period of IDR 75.53 billion or an increase from the same period in 2020 which was only IDR 21.04 billion.

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