JCI Seen Down ahead of Weekend


Jakarta - The Jakarta Composite Index (JCI) on Friday (5/11) has the opportunity to be corrected by moving to the support level of 6,535 and the resistance level of 6,630.

"Negative sentiment for trading on Friday came from the decline in the Dow Jones index by 0.09%, the EIDO weakening by 0.51%, the decline in crude palm oil (CPO) prices and the fall in tin commodity prices amid the depreciation of the rupiah to the level of 14,360s," said Director of MNC Asset Management Edwin Sebayang in Jakarta.

On the other hand, market players are also waiting to announce Indonesia's Gross Domestic Product (GDP) for the third quarter of 2021, which is estimated to be around 4.1%.

In today's trading, stocks that deserve attention include LSIP, LPPF, PGAS, SMGR, WIKA, INTP, EMTK, ANTM, and ISAT.



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