Mar 30, 2011

Stock recommendations today

After Indonesian stock index retreated yesterday, Jakarta Composite Index (JCI) is estimated to tend continue further correction today. Stocks to watch: ITMG, BMRI, UNVR, and INCO. Here are stock recommendations provided by Bisnis Indonesia today:

e-Trading Securities:
The JCI today is predicted to move at the range of 3,542-3,631 with stocks focus on ITMG, BMRI, and MYOR. The index may continue its further correction after it abated 0.31% or 11 points to 3,591.51. Foreign investors booked a IDR94.7 billion net selling yesterday with the most oversold stocks such as ASII, UNTR, BJBR, SMGR, and UNVR.

Sinarmas Sekuritas:
The index technically may move in mixed way with downtrend possibility to the range of 3,561-3,610 today. Regional stock markets as well as unpublished financial performance of pubicly listed companies may continue to affect the JCI movement. Stocks that shall be watched: BMRI, UNVR, SMCB, and INCO.  

Disclosure: No position at the stock mentioned above.

Print This Article

No comments: