Dec 27, 2010

Stock recommendations today

Jakarta Composite Index (JCI) still has a chance to post a rebound, after being corrected 0.25% to as low as 3,611.53 before Christmas holiday last week. ANTM and UNVR are the top picks today. Here are the recommendations as reported by today:
Trimegah Securities:
Trimegah Securities predicted that today the index will move between 3,591-3,637. ANTM, MYOR and UNVR are some stocks that worth a closely watch. At last week’s closing, the index experienced a correction of 0.25% (9.15 points) to a level of 3,611.53. Trading activity was relatively flat since investors still have a big concern on global economy.
Trimegah also predicted that the index is more likely to rebound, supported by the rising trend on the short-term indicators.

e-Trading Securities:Furthermore, e-Trading Securities predicted to move within the range of 3,565-3,650 in today’s trading. Last week, before Christmas holiday, the index dropped 0,25% amid the lower trading volume since the investor remained to wait and see in the holiday season. Foreign investor booked net selling of Rp110 billion.

Disclosure: No position at the stock mentioned above.

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