Jan 20, 2011

Stock recommendations today

Jakarta Composite Index (JCI) is estimated to be mixed. The JCI might continue to rise, but the decrease possibility is still open. Despite the malfunctioned of datafeed system at Indonesia Stock Exchange (IDX) yesterday, the JCI declined 14.36 points or 0.40% to 3,534.3. Stocks to watch today are BMRI, ASII, and TLKM. Here are stock recommendations provided by Bisnis.com today:

Sinarmas Sekuritas:
The JCI is estimated to be mixed at the range of 3,500-3,571. Top picks are BMRI, BWPT, and ROTI. The commodities prices hike will provide positive sentiments to the stock market. Inflation data in China to be announced soon might be catalyst for the JCI.

e-Trading Securities:
The JCI might be propelled by positive sentiments of global and regional stock markets, despite the inflation threat in the domestic stock market. The JCI is predicted to move at the range of 3,506-3,569 with top picks: TLKM, PTBA, and ASII.

Reliance Securities:
The JCI today might continue the downward and move to the range of 3,500-3,570. Top picks are ADRO, BDMN, INDF, and INCO.
The JCI downward yesterday was boosted by the index drop in the basic chemical stocks, construction, and trading. Forein investors posted IDR192.5 billion net sell.

Erdhika Securities:
The JCI today is estimated to move at the range of 3,511-3,557. MYOR and BWPT are recommended. The JCI yesterday lowered 14.36 points or 0.40% to the level of 3,524 after the mulfunctioned of datafee system at 4 minutes before closing.

Disclosure: No position at the stock mentioned above.  

Print This Article

No comments: