Indonesian stocks will still be fluctuating today with tendency to decline. In the list of recommended shares, there are PGAS, INDY, INDF and MEDC as reported by Bisnis.com today:
Referring to yesterday's movement, Jakarta Composite Index (JCI) may swing around 3,600-3,678. The recommended stocks are PGAS, INDY, INTP, and INCO. Yesterday, the index fell by 0.33% or 11.86 points to arrive at 3,630.63. Foreign investors booked a net sell of IDR128 billion.
Technically, JCI today will tend to move mixed and then strengthen. The index moves between 3,560-3,670, with recommended shares ENRG, BNBR, MEDC, & INDF.
Disclosure: No position at the stock mentioned above.
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