Gaining strength this morning, JCI projected to remain at green zone all day
JAKARTA – Jakarta Composite Index (JCI) saw positive shift at today’s (24/4) opening bell. This increase is projected to pick up throughout this morning session, thanks to several factors, including daily transaction value, foreign buy, as well as Bank Indonesia rate.
At 09.43 AM WIB, JCI gained stride in the green zone, arriving at 7,159.48 from the opening bell’s position at 7,136.48. This position is an improvement from JCI’s closing spot at 7,110.81 yesterday (23/4).
This positive trend of JCI is projected to be the result of investors’ response towards BI rate, which will be further decided by the Meeting of Board of Governors of Bank Indonesia this afternoon. Several analysts predict that BI will maintain BI rate at approximately 6%.
As JCI increased this morning, other indexes were also promoted to the green zone, such as LQ45 that rose 0.43% to 931.654, IDX30 0.45% to 472.454, IDX80 0.35% to 128.717, and IDXESGL 0.60% to 154.840. (LK/ZH)