Report on stock recommendations and the movement of the Jakarta Composite Index (JCI), Thursday 14 April 2022.
The Composite Stock Price Index (JCI) is predicted to be prone to corrections in today’s trading, Thursday (14/4/2022) after touching a record closing high yesterday. Based on Bloomberg data, the JCI rose 0.67 percent or 47.996 points to 7,262.78 today. Throughout the day yesterday the index moved in the range 7,212.64 – 7,266.40.
Until the end of trading, 282 stocks closed higher, while 260 stocks closed lower, and 238 other stocks were in the same position. The IDX recorded a total trade value of IDR 17.06 trillion.
As for today, CEO of PT Indosurya Bersinar Sekuritas William Surya Wijaya said the JCI movement today is still in the positive zone with efforts to record an all time high (ATH) again. However, as long as the JCI has not been able to close above the ATH level in a row, investors must be aware of the risk of a possible normal correction.
“So that the momentum of a reasonable correction can still be used to carry out accumulated purchases with a short-term investment target given that Indonesia’s economic condition is still stable,” he explained in a daily research.
William predicts JCI will move in the range of 7,165 – 7,357 for trading tomorrow, Thursday (14/4/2022). Stocks that are recommended include TLKM, ITMG, GGRM, BBNI, ASII, ASRI and LSIP. Disclaimer: This news is not intended to encourage buying or selling of shares. The investment decision is entirely in the hands of the reader. Bisnis.com is not responsible for any losses or gains arising from readers’ investment decisions.