Indonesian stocks have chance to rise today. Investors should watch trading of Bank Danamon, Bakrie & Brothers, Bakrieland Development, Bumi Resources, Jasa Marga, and Indika Energy. This is recommendations provided by local houses as quoted from Bisnis.com today:
Jakarta Composite Index (JCI) today is estimated to move in the range of 3,652-3,690. Top picks are Bank Danamon, Indika Energy, and Jasa Marga. Foreign investors posted net buy position yesterday, enabling the JCI to continue rally.
JCI is predicted to move in the range of 3,647-3,714 today. Investors might consider Bumi Resources, Bakrie & Brothers, Bakrieland Development, and Indika Energy. Bakrie Group stocks surge underpinned the JCI yesterday.
The JCI might move higher today with the range of 3,655-3,700. Bakrie Plantations, Bukit Asam, Bakrieland Development, and Krakatau Steel should be considered.
The JCI is estimated to move in higher trend today. The index is predicted to be in the range of 3,649-3,698. Banking and mining stocks are estimated to be the top picks today.
Disclosure: No position at the stock mentioned above.
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