Market Review (Session 1) In
session 1
JCI closed positive 0.37% to the
level of 6,804.88.
Retail sales in Indonesia surged
by 4.9 percent year-on-year in March 2023, accelerating from a 0.6 percent gain
in the previous month.
Market Prediction (Session 2)
JCI :
The index closed slightly higher
same with our estimates at the beginning. JCI is expected to continue moving in
limited gains.
• ASSA : the price touched the first target at 1,070, the
highest was at 1,085 (+3.82%) and closed at 1,050 (+0.47%). The price still has
a chance to continue to strengthen if it stays above the support. Be careful if
the price breakdown below support level.
• BIRD : the price closes at 1,840 (-0.54%) and is still in
the buy range. The price still has a chance to continue to strengthen if it
stays above the support. Be careful if the price breakdown below support level.
• JSMR : the closing price at 3.470 (-0.85%) and still in
the buying range. The price still has a chance to continue to strengthen if it
stays above the support. Be careful if the price breakdown below support level.
• SMBR : the price managed to touch the first target at 388
(+3.74%), the highest at 394 (+5.34%) or 1 tick below the second target and
closed at 386 (+3.2%). The price still has a chance to continue to strengthen
if it stays above the support. Be careful if the price breakdown below support
level.
News
• PT Satyamitra Kemas Lestari Tbk (SMKL) posted a net profit of
IDR 15.82 billion in the first quarter of 2023. This figure decreased by 52.3%
from the same period the previous year of IDR 33.16 billion.
• PT Puri Sentul Permai Tbk (KDTN) has just announced its financial report for this year's unaudited Q-1. where net profit rose 79.39%, and revenue rose 21.5% compared to Q-1 in 2022.
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
