Nov 19, 2010

Stock recommendations today

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 today:

Trimegah Securities:
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.

eTrading Securities:
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.

Sinarmas Sekuritas:
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.

Panin Sekuritas:
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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