May 2, 2011

Stock recommendations today

The announcement of inflation rate in April scheduled today and quarterly result of publicly listed companies will provide sentiment to Jakarta Composite Index, the index which measure all stock prices at Indonesia Stock Exchange, at early trading this week. 
Several stocks could be watched, such as GGRM, ASII, and BUMI. Here are a full stock recommendations today as provided by

Sinarmas Sekuritas: The stock index technically move with a limited uptrend at the range of 3,804-3.830. The anticipation of inflation rate in April and quarterly financial announcement could boost sentiment to the index. Several stocks to watch: PGAS, LSIP, GGRM, and BUMI.

e-Trading Securities:Today, the index may move at the range of 3,787-3,856 with several stocks to watch: ASII, GGRM, and HRUM. At end of last week, the JCI gained 0.28% or 10 points to 3,819.62 with 9 lots of transaction volume (1 lot equals 500 stocks) worth Rp4.4 trillion. Forein investor recorded Rp508 billion net buying.

Disclosure: No position at the stock mentioned above.  

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