The law on job creation is in the spotlight, the current IHSG is predicted to strengthen to level 5,140

TEMPO.CO, Jakarta – Head of Research at MNC Sekuritas Edwin Sebayang estimates that the current movement in the composite stock price index or IHSG will be affected by feelings of ratification of the Job Creation Law, including a demonstration of rejection.

From today until next week, Edwin said, it is a matter of domestic conditions due to the demonstration plan from various elements of society that reject the omnibus law.

On the other hand, it is unclear which version of the Job Creation Act was used because so far there have been four draft laws, including 900 pages, 1028 pages, 1052 pages and 1035 pages.

“The highlight of the demonstration is estimated to be October 20, 2020, as we celebrate the first year of the inauguration of the current government, and on the same date the government has expressed its desire to issue the omnibus law in the Ciptaker law,” Edwin said on Tuesday. October 13, 2020.

At the end of Monday’s session, JCI managed to stay above 5,000 and parked in the green zone with a gain of 0.78 percent to the level of 5,093.09. A total of 266 shares rose, 168 corrected and 161 stagnated. JCI also managed to record 6 consecutive rally sessions.

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