Jan 19, 2011

Stock recommendations today

Jakarta Composite Index (JCI) today is estimated to move in a limited way. However, the rally might continue today after the JCI gained yesterday, propelled by a rumor on sale of Bank Danamon Tbk to Bank DBS.  Here are stock recommendations today provided by local brokerages as quoted by Bisnis Indonesia daily:

Erdikha Sekuritas:
The JCI is predicted to move at the range of 3,521-3,563 after gaining 0.36% to 3,548.65, in line with the rise of majority stock indexes in Asia. Top picks are ADRO, BJBR, and BORN.
e-Trading Securities:
For today, the JCI is expected to move at the range of 3,509-3,584 after experiencing a gain, following most of stock indexes in Asia. The JCI posted a Rp4.2 trillion trading value, while foreign investors was in Rp38 billion net sell. Stocks to watch: BDMN, ADRO, INCO.

Disclosure: No position at the stock mentioned above.

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