Indonesian stock benchmark is estimated to advance today after it climbed 1.55% to a higher level of 3,611.64. Stocks to watch: PTBA, BMRI, and JSMR. Here are recommendations provided by stock brokerages as quoted by Bisnis.com today:
Jakarta Composite Index (JCI) may move at the range of 3,556-3,651. Stocks to watch: BMRI, PTBA, and JSMR. The index could continue to further advance, but investors shall consider the profit taking. The JCI lifted up 1.55% or 55.41 points to 3,611.64.
The index is technically predicted to strengthen at the range of 3,580-3,642 today. Stocks to watch: ASRI, BMRI, JSMR, and BBNI. Japanese manufacturer are resuming operations and better macro economy may spur positive sentiments to the index.
Disclosure: No position at the stock mentioned above.
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