Sep 29, 2010

Stock recommendations today

Jakarta Composite Index (JCI) is estimated to face correction after surpassing all time high level of 3,500. But, foreign investos keep buying shares in Indonesia Stock Exchange. Here are recommendations from several securities companies.

Trimegah Securities:
Market players certainly should anticipate the potential extended pressure of Jakarta Composite Index (JCI) that is estimated to move between 3,445 and 3,484.
During yesterday’s trading, the selling pressure somehow has caused a slight gain of JCI by touching 3,472.71 after breaking at 3,500 in the first session. The recommended stocks are PGAS and SMRA.

ETrading Securities:JCI may move within the range of 3,443 and 3,525 during today’s trading after posting a slight gain as much as 4 points during yesterday’s closing session. The recommended stocks are: JSMR, SMGR, SMCB, and INTP.

Sinarmas Sekuritas:Considering the fact that most stocks have booked their highest gains, JCI may be potentially corrected today. The index shall move between 3,402 and 3,521 with recommended stocks TLKM, AUTO, and PGAS.

Disclosure: No position at the stock mentioned above.

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