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Jakarta Post

Analysts predict JCI to fall on Friday

News Desk (The Jakarta Post)
Jakarta
Thu, May 25, 2017 Published on May. 25, 2017 Published on 2017-05-25T15:52:11+07:00

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Morning trade at the Jakarta Composite Index (JCI) will be “under pressure” following twin suicide blasts at the Kampung Melayu bus terminal in East Jakarta on Wednesday evening, analysts say. Morning trade at the Jakarta Composite Index (JCI) will be “under pressure” following twin suicide blasts at the Kampung Melayu bus terminal in East Jakarta on Wednesday evening, analysts say. (the jakarta post/Wienda Parwitasari)

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orning trade at the Jakarta Composite Index (JCI) will be “under pressure” following twin suicide blasts at the Kampung Melayu bus terminal in East Jakarta on Wednesday evening, analysts say.

"The JCI had fallen previously, and there is a possibility that it will fall [again] following the bombing," First Asia Capital analyst David Sutyanto said on Thursday as quoted by tempo.co.

(Read also: East Jakarta suicide blasts likely linked to IS: Police)

Meanwhile, an analyst from securities company PT Asjaya Indosurya Securities, William Surya Wijaya, predicted the JCI would close between 5,646 and 5,797 points on Friday.

"Now the JCI will examine [necessary] support to get back on an upward trend," he said. (yon/asw)

 

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