Jakarta Composite Index (JCI) is predicted to continue strengthening after advancing 0.71% to 3,821. Opportunity to move sideways is also opened due to an accumulation of rallies. Bisnis Indonesia today provided stock recommendations:
Global economic certainty is at stake, thus leaving room for further rally after advancing for three straight days. Pease monitor ASII, BBRI, and UNTR.
Technically, the JCI is to keep advancing at around 3,805-3,840, and recommends buy on shares like TLKM, BBNI, BUMI, and HEXA.
Minna Padi Investama:
The index is estimated to move flat at 3,798-3,857 after it recorded gains in several consecutive days. It recommends shares like ASII, HRUM, and INDY
The index may move in the range of 3,790-3,844 with recommended MEDC and BDMN.
Disclosure: No position at the stock mentioned above.
Print This Article