Jakarta Composite Index (IHSG) at Risk of Continuing Correction

Published 4 months ago · Markets

Reading time: 23s  ·  Source 86s  ·  · bisnis.com

Sentiment:   ·   ·   · 

businesses: PT Pantai Indah Kapuk Dua Tbk. · PT Dian Swastatika Sentosa Tbk. · PT Indofood Sukses Makmur Tbk. · PT Bank Jago Tbk.

  • The Jakarta Composite Index (IHSG) closed down 0.70% at 7,024.23 on February 5, 2025.
  • Analysts predict IHSG may test levels between 6,974 and 7,007 today, February 6, 2025.
  • Market capitalization reached Rp12,288 trillion with mixed performances among stocks.
  • PT Pantai Indah Kapuk Dua Tbk. (PANI) saw a significant increase of 7.95%, while PT Dian Swastatika Sentosa Tbk. (DSSA) led the declines with a drop of 2.83%.
  • Investors are advised to consider buying on weakness for certain stocks like PT Bank Jago Tbk. (ARTO) and PT Indofood Sukses Makmur Tbk. (INDF).
  • Support levels are noted at 6,931 and resistance levels at 7,182.

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Analyses of the article

SENTIMENT

The article presents a factual account of market performance without expressing a clear positive or negative bias.

IMPACT
Short

The article discusses the daily performance of the Jakarta Composite Index and stock movements, which are relevant to short-term market activities.

RELEVANCE
Moderate

The information is moderately important as it pertains to stock market movements, which are significant to investors but may not affect the general public.

STAKEHOLDER
businesses

The focus is on businesses and investors in the stock market, making them the primary stakeholders.