IHSG Could Potentially Break Its Record Again

IHSG (JCI) could potentially break its record again after correction.

After driving in the green zone on the trading session I, analysts predict Indeks Harga Saham Gabungan ( IHSG / JCI ) will still be bright in the trading session II. Potential net buying will lift the JCI.

Stock market analysts from Millennium Danatama Securities, Mr. Probo Sujono, said that JCI is still potential to strengthen. According to him, the correction trading index for nearly a week is enough. This was back when the trade show its movement. He added, the accumulated net buy will adorn trades this weekend.

"Net buy expectations are wide open. Foreign investors will put their money back," said Probo on Friday (15/3).

He added that the possibility of JCI session II will be in the range of 4803 to 4860. He estimates that the infrastructure sector will drive while the mining sector weakened in session II. While stocks that he recommended, such as Bukit Sentul City (BKSL) and Bekasi Fajar Industrial Estate (BEST).

In line with Probo, Mr. Willy Sanjaya, Lautandhana Securities analyst, also estimates that JCI potentially closed with a new record. "The potential of IHSG to reach 5,000 is still wide open. Next week IHSG (JCI) could be advanced to that figure," he said.

Furthermore Willy said, JCI will be in the range of 4815 - 4865. He championed the property and banking sector stocks, as well as infrastructure and construction sector stocks. (Kontan)