Apr 18, 2011

Stock recommendations today

Indonesian stock benchmark is estimated to have an opportunity to strengthen today after it gained 0.65% to a level of 3,730.51 at end of last week. Several stocks to watch: PTBA, ITMG, and ISAT. Here are stock recommendations today as quoted by Bisnis Indonesia.

Sinarmas Sekuritas:
Jakarta Composite Index (JCI) technically tends to strenghten at a range of 3,745-3,768 today. The announcement of inflation rate in the US could provide sentiment to the JCI. Stocks to watch: BBNI, PTBA, ITMG, and ISAT.

e-Trading Securities:
The JCI is calculated to move at a range of 3,697-3,768. Stocks to watch: CMNP, DOID, and ITMG. On last Friday, the JCI gained 0.6% or 22,53 points to 3,730.51 despite weakening of most stock indexes in the regional market. Sector which may spur the JCI is banking and financial sectors. Both rose 0.84%. Foreign investor recorded a net selling of Rp133,29 billion. 

Disclosure: No position at the stock mentioned above.

Print This Article

No comments: