Jun 3, 2011

Stock recommendation today

Jakarta Composite Index is estimated to be flat today, while the market transaction is low as investors are in holliday. The regional markets movement will provide strong influence on the JCI. 
Several stocks to watch: GGRM, PTBA, INDF, and BUMI. Here are stock recommendations provided by several brokerages.
e-Trading Securities:
The JCI today may move within the range of 3,817-3,859. Stocks to watch: GGRM, ELTY, and BISI.
On Wednesday, the JCI inched up 0.02% to 3,837.76 with transactions of 20.5 million lots worth Rp5.9 trillion. All sectors strengthened except basic industry, infrastructure, financial, and trading.

Sinarmas Sekuritas:
The index technically tends to be mixed within the range of 3,825-3,863 today. Several stocks to watch: PTBA, INDF, TLKM, and ICBP. 

Minna Padi Aset Manajemen: 
The JCI tends to move lower in the range of 3,815-3,845 today. The market movement will be mostly affected by the regional markets as a result of holiday. Several stocks to watch: BUMI, ENRG, and INCO.
Disclosure: No position at the stock mentioned above.
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