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The rise of Jakarta Stock Index after the long Eidul Fitri break

Jakarta Composite Index

All Asian Financial Index is getting red

Indonesian stock exchange potentially rise within the week of Bank Indonesia Board committee meeting

The Intro 

The Composite Stock Price Index (CSPI) still has the potential to strengthen this week in the middle of the Bank Indonesia (BI) Board of Governors Meeting (RDG). Friday (3/15), the JCI rose 0.75% to 6,461.18. Within a week, the JCI rose 1.22%.

Beyond predictions, the February 2019 trade balance was a surplus of US $ 330 million

This surplus was beyond the estimate of a number of economists who predicted the trade balance last month to experience a deficit, but shrank from the previous month.

"Finally, after four consecutive deficits, thank God, we have a surplus," said Head of BPS Suhariyanto in his office on Friday (3/15).

Ahead of the weekend, refer to the following Binaartha Securities stock recommendations

The Composite Stock Price Index (IHSG) managed to close up 0.56% at the level of 6,413.27 on March 14, 2019.

Friday (3/15), the JCI still managed to recover the two-day increase that had been successfully helped before.

Binaartha Sekuritas Analyst Muhammad Nafan Aji Gusta Utama said, based on indicators, MAC Directs a negative area. Meanwhile, Stochastic and RSI are in the neutral area. "Nonetheless, there is a long pattern of waxy white marubozu which indicates a potential bullish continuation on the JCI movement which is likely to lead to the resistance area," Nafan said in the study yesterday.

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